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Analysts lukewarm on StarHub in light of ebitda margin down y-o-y

Chloe Lim
Chloe Lim5/5/2022 12:18 PM GMT+08  • 6 min read
Analysts lukewarm on StarHub in light of ebitda margin down y-o-y
For the 1QFY2022 ended March, StarHub reported net profit of $29.7 million, down 2.6% y-o-y and 27.7% q-o-q
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Analysts are relatively neutral on StarHub in light of the telco’s bleak FY2022 earnings outlook, mitigated by new initiatives on the horizon.

For the 1QFY2022 ended March, StarHub reported net profit of $29.7 million, down 2.6% y-o-y and 27.7% q-o-q.

Total revenue for the quarter increased by 5.3% y-o-y but fell by 7.1% q-o-q to $512.7 million.

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