Asian Pay Television Trust reported revenue of 63.0 million Singapore dollars for the quarter ended Sep, 30 2025, with EBITDA at 35.0 million Singapore dollars and an EBITDA margin of 55.5%.

For the nine-month period, revenue reached 183.1 million Singapore dollars while EBITDA came in at 102.3 million Singapore dollars, representing an EBITDA margin of 55.8%. Foreign-exchange movements added 4.9% to quarterly revenue and 0.7% to the nine-month figure.

Operationally, the group added about 9,000 net subscribers in the quarter, taking its total base to roughly 1.373 million. Broadband subscribers rose by about 10,000, lifting broadband revenue 13.8% year-on-year to 20.1 million Singapore dollars in the quarter.

Capital expenditure fell 23.1% year-on-year to 6.6 million Singapore dollars for the quarter, equivalent to 10.4% of revenue. Net debt repayments totalled 43 million Singapore dollars for the nine months, and approximately 91% of onshore borrowings are hedged until Jun, 30 2028.

The board reaffirmed its guidance for a distribution of 0.525 Singapore cents per unit for the second half of 2025, payable in Mar, 2026.

Separately, on Oct, 30 2025 the trust said its subsidiary, Taiwan Broadband Communications Co., Ltd., will issue new shares equal to 12.73% of its enlarged capital to raise around 29 million Singapore dollars, with all proceeds earmarked for further debt reduction.