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.

Against the corresponding periods last year, Mobile service revenue in 3QFY2020 were 29.4% lower, due to lower postpaid and prepaid revenues.

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