Asian Pay Tv Tr Company profile
About Asian Pay Television Trust
Asian Pay Television Trust is a Singapore-based business trust in Asia. The Company is focused on pay-TV and broadband businesses. The Company has an investment mandate to acquire controlling interests in and to own, operate and maintain mature, cash generative pay-TV and broadband businesses in Taiwan, Hong Kong, Japan and Singapore. The Company sole investment, Taiwan Broadband Communications Group (TBC), is a cable operator in Taiwan. The Company is managed by APTT Management Pte. Limited (the Trustee-Manager). The Trustee-Manager is engaged in the pay-TV and broadband industries and complementary skill sets in acquisition, asset and capital management. The Trustee-Manager’s responsibilities include safeguards the interests of unitholders and managing the business conducted by the Company. The Trustee-Manager manages its business with an objective of providing unitholders with stable and sustainable distributions.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Asian Pay Television Trust revenues decreased 2% to SP$299.7M. Net income increased 15% to SP$19.9M. Revenues reflect Basic cable TV decrease of 6% to SP$229.5M, Premium digital cable TV decrease of 1% to SP$12.8M. Net income reflects Other operating expenses - Balancing val decrease of 62% to SP$5.9M (expense), Staff costs decrease of 10% to SP$28.1M (expense).
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