Latest news with #Astro
Business Upturn
a day ago
- Business
- Business Upturn
Media Advisory: Astro Yogurt Brand Unveils 'So Canadian' Flyover Welcome Message for Toronto Pearson International Airport Arriving Passengers, Ahead of Canada Day
By GlobeNewswire Published on June 20, 2025, 22:48 IST TORONTO, June 20, 2025 (GLOBE NEWSWIRE) — On Monday, June 23, 2025, media are invited to attend a special event at Lactalis Canada's yogurt processing facility in Etobicoke, Ontario as part of its iconic Astro yogurt brand's bold new 'So Canadian' campaign in the lead up to Canada Day. WHAT: The unveiling of a special rooftop mural at Astro's processing facility adjacent to and on the flight path of Toronto Pearson International Airport. The uniquely Canadian rooftop mural will be visible to passengers flying into the Toronto airport, reflecting the kind, warm and inclusive identity that defines Canadians. The event will also include remarks from Lactalis Canada President & CEO Mark Taylor and other company executives, government and community partners, a photo opportunity with a giant Astro yogurt tub and Canadian-inspired festivities. WHEN: Monday, June 23, 2025 • Media Registration: 10:30 a.m. • Opening Ceremony: 11:00 a.m. to 11:30 a.m. • Photo Opportunity: 11:35 a.m. Media are encouraged to arrive at 10:30 a.m. for registration. Media accreditation required. WHERE: Lactalis Canada Rakely Plant, 25 Rakely Ct, Etobicoke, ON M9C 5G2 PHOTO OP: Following the ceremony and photo opportunity, media will have the chance to conduct 1:1 interviews with speakers. About Lactalis Canada Inc. With over 140 years of brand heritage, Lactalis Canada is the Canadian dairy leader behind iconic brands Cracker Barrel, Black Diamond, P'tit Québec, Balderson, Cheestrings Ficello, aMOOza!, Astro, Khaas, siggi's, IÖGO, IÖGO nanö, Olympic, Lactantia, Beatrice, Bfit, Enjoy!, Marie Morin Canada, Galbani, and Président. With more than 30 operating sites including 20 manufacturing facilities across Canada, the company and its more than 4000 employees are committed to enriching and nurturing the lives of Canadians through sustainable and responsible growth, high-quality products, contribution to communities and partnership with farmers, customers, partners and suppliers. Lactalis Canada has been named on Forbes' 2025 Best Employers in Canada and one of Greater Toronto's Top Employers for 2025. The company is part of Lactalis Group, the world's leading dairy company, headquartered in Laval, France. For more information, visit Media Contact: Lactalis Canada Media Relations [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
BusinessToday
2 days ago
- Business
- BusinessToday
Blue Chips Lift KLCI On Midday, Broader Bursa Drags
Bursa Malaysia's benchmark index edged higher at midday, supported by selective buying in blue chips despite mixed sentiment across the broader market. At 12.35pm, the FBM KLCI rose 3.35 points to 1,504.79, recovering from an intraday low of 1,500.04. The index touched a high of 1,505.16 earlier in the session, marking a modest 0.22% gain. The FBM Emas also posted a slight increase of 8.71 points to 11,232.45, while the FTSE4Good Bursa Malaysia Index (F4GBM) rose 0.99 points to 908.41. However, the broader market showed signs of cautious trading. The FBM 70 slipped 22.66 points to 16,070.79, and the FBM ACE dipped 33.46 points to 11,199.43. Among actives, PUC emerged as the most traded stock, gaining 0.005 sen to 2.5 sen on a volume of 825.6 million shares. Astro fell 1.5 sen to 16 sen with 162.5 million shares traded, while Pavilion REIT declined 2 sen to RM1.52 on 125.6 million shares. Market activity reflected cautious optimism as investors digested global cues ahead of key economic data releases. Related
Hype Malaysia
2 days ago
- Entertainment
- Hype Malaysia
ALPHA: Meet The 7 Members Of Astro's New Boy Group From 'Big Stage Alpha'
We got a new boy group in the house! After eight long weeks, the Astro singing competition 'Big Stage Alpha' has found its winners – and all seven members of its new boy group, ALPHA! The group is composed of the Top 7 contestants of the show, selected by the show's panel of judges and the public. Following their formation, the group released their first single, 'Mona Lisa (Bang Bang)', and are set to perform at 'Big Stage Alpha' judge Hael Hussaini's solo concert at Zepp Kuala Lumpur later this August. Before they take the stage, let's learn more about the members of ALPHA. Izat Full Name: Izat Ibrahim Position: Main Vocal Birthday: 18 October 1990 Nationality: Singaporean Vibe: Introspective & Adaptive Final Position On Big Stage: 6th Place Instagram: @/izthatizat Rizal Full Name: Muhd Rizal Azhiman Mohd Rasid Position: Lead Vocal Birthday: 3 September 1995 Nationality: Bruneian Vibe: Ethereal, Kind, Spiritual Center of The Group Final Position On Big Stage: 3rd Place Instagram: @/rizal_rasid Ray-D Full Name: Ariff Hilmi Muhammad Amir Position: Main Dancer Birthday: 10 April 2005 Nationality: Malaysian Vibe: Flirty & Playful Final Position On Big Stage: 2nd Place/Runner-up Instagram: @/rayyyd._ Ariel Full Name: Muhammad Fhazrill Fesol Position: Main Rapper Birthday: 28 August 1998 Nationality: Malaysian Vibe: Crowd Puller & Fashion King Final Position On Big Stage: 1st Place/Champion Instagram: @/arielfesol Daniel Full Name: Daniel Sher Aaron Bahadur Position: Leader Birthday: 28 June 1990 Nationality: Malaysian Vibe: Strategy & Precision Final Position On Big Stage: 4th Place Instagram: @/thedanielsher Sky Full Name: Muhammad Afiq Asyraaf Mohd Azli Position: Maknae (Youngest) Birthday: 1 December 2006 Nationality: Malaysian Vibe: Playful, Chaotic Energy Final Position On Big Stage: 7th Place Instagram: @/afiqsky_ Araff Full Name: Muhammad Amirull Hasraff Mohd Pilus Position: Visual Birthday: 23 February 2006 Nationality: Malaysian Vibe: Energetic & Ambitious Final Position On Big Stage: 5th Place Who's your favourite member from ALPHA? Check out their single, 'Mona Lisa (Bang Bang)' below: Sources: Twitter, Instagram What's your Reaction? +1 0 +1 0 +1 0 +1 0 +1 0 +1 0
New Straits Times
2 days ago
- Business
- New Straits Times
HLIB cuts Astro forecasts after weak Q1 results, maintains 'sell' at 13 sen
KUALA LUMPUR: Astro Malaysia Holdings Bhd is expected to face limited near-term catalysts amidst a challenging macroeconomic environment and ongoing structural shifts in the media industry, according to Hong Leong Investment Bank Bhd (HLIB). HLIB said Astro continues to grapple with mounting structural challenges, particularly due to cord-cutting trends and intensifying competition from over-the-top platforms. The firm noted that the recent launch of the rebranded "Astro One", which offers simplified and lower-priced bundles such as entertainment, sports, and epic packs starting at RM49.90, aims to improve affordability and value perception. "While this initiative may support subscriber acquisition, it has also led to average revenue per user dilution, which declined to RM98," HLIB said. HLIB highlighted that subscription revenue has historically contributed between 62 per cent and 77 per cent of group revenue. "As such, although the new pricing strategy may be tactically sound, it introduces near-term pressure on top-line performance and profitability. "Despite Astro's strong position in local content creation, advertising expenditure (adex) remains muted, and revenue headwinds continue to persist," it added. HLIB has maintained a "sell" rating on Astro, with a target price of 13 sen. The firm believes that Astro's earnings visibility remains clouded in light of persistent subscription decline with cord-cutting behaviour and softening adex. For the first quarter ended April 30, 2025, Astro recorded core profit after tax and minority interest of RM700,000, which only made up one per cent of HLIB's and consensus full-year forecasts. The negative deviation was due to lower revenue caused by a decline in advertising and subscription revenue. Meanwhile, year-on-year top-line was down by nine per cent on the back of the reduction in subscription and advertising revenue. Segment-wise, both TV and radio fell by eight per cent and 28 per cent respectively. The contraction in TV was due to lower subscription and advertising revenue, while radio was impacted by soft consumer sentiment leading to lower advertising spend. In view of the results shortfall, HLIB has cut its financial year 2025 (FY25) and FY26 forecasts by 51 per cent and 58 per cent respectively.
Malaysian Reserve
2 days ago
- Business
- Malaysian Reserve
Astro's 1Q profit falls 21% on lower subscription and ad revenue
ASTRO Malaysia Holdings Bhd saw its net profit decline to RM13.48 million for the first quarter ended April 30, 2025 (1Q25), from RM17.01 million a year earlier, dragged by weaker television subscription and advertising income. Revenue for the quarter slipped to RM703.09 million, down 9% from RM772.53 million in the same period last year, the pay-TV operator said in a filing with Bursa Malaysia today. The group attributed the revenue decline to a 6% drop in television subscription revenue and a 13% fall in advertising revenue. Despite the softer top line, Astro said engagement on its platform remained robust, with customers spending 82% of their viewing time on local content, up three percentage points quarter-on-quarter. 'We produce 10,000 hours of new content annually to satisfy this demand, ranging from well-known signatures and dramas to thought-provoking Astro Originals, animation and movies,' it said. The group is also expanding efforts to monetise its intellectual properties (IPs) across multiple platforms — including cinemas, streaming, digital, licensing, advertising, and live experiences — to optimise content returns. However, Astro said content piracy remains its biggest threat and stressed it is continuing efforts to combat illegal streaming. It noted that courts across Malaysia had recently ruled in its favour in a number of piracy-related cases, awarding statutory damages and tougher penalties against illegal streaming device (ISD) sellers and F&B operators streaming its content without permission. 'We will continue to lobby for further regulatory reform and enforcement activity, not just to protect Astro, but to safeguard the future of the Malaysian creative industry,' it said. Astro added that it is maintaining a cautious outlook amid macroeconomic uncertainty, internal reforms and external headwinds, with a continued focus on cost discipline and operational resilience. — TMR
