StarHub announced that its 3QFY2020 earnings have dropped by 23.3% to $44.5 million from $58.0 million in 3QFY2019. This brings 9MFY2020 earnings to $121.9 million, 19.6% lower than $151.5 million a year ago.

For the quarter, revenue declined by 14.5% y-o-y to $489.7 million, mainly due to lower contributions from Mobile, Pay TV and Sales of Equipment, partially offset by higher revenues from Broadband and Enterprise Business.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook