Austar reported a four-fold increase in first half net profit of rose 328.5 per cent to $88.66 million. Revenue was flat at $351.75 million and i see that is a good thing Revenue is badly down on any companys EG: DJS WOW just to name a few
Total subscribers increased by 8,609 on Q1 2011 to 764,250; MyStar penetration increased 11% on Q1 2011, to 228,927 subscribers Capital expenditure reduced by $7 million to $50 million with 87% of it subscriber related $334 million of liquidity, up 131% 2.1x net leverage Gross margin up 1% to $197 million with margin at 56% ( This is bad i think Long Term Incentive Plan ($12.5 million )2011 ($2.6 million) 2010 )
AUN Price at posting:
$1.05 Sentiment: Buy Disclosure: Held
