Analysts are generally positive but still keeping a neutral stance on StarHub following its latest 3QFY2020 business update announcement, which came in rather muted.

For the third quarter ended September, earnings dropped by 23.3% y-o-y to $44.5 million, while revenue fell some 14.5% y-o-y to $489.7 million. The fall in revenue was mainly due to lower contributions from the group’s mobile, pay TV and sales of equipment segment. This was partially offset by higher contributions from the broadband and enterprise businesses.

See: StarHub posts 23.3% fall in 3Q earnings to $44.5 mil

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