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StarHub posts 61.8% drop in 4Q earnings to $19.8 mil; declares final dividend of 4 cents

Samantha Chiew
Samantha Chiew2/14/2019 06:37 PM GMT+08  • 2 min read
StarHub posts 61.8% drop in 4Q earnings to $19.8 mil; declares final dividend of 4 cents
SINGAPORE (Feb 14): StarHub reported a 61.8% drop in 4Q18 earnings to $19.8 million from $51.8 million in 4Q17.
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SINGAPORE (Feb 14): StarHub reported a 61.8% drop in 4Q18 earnings to $19.8 million from $51.8 million in 4Q17.

This brings FY18 earnings to $201.5 million, 26.2% lower than $273.0 million in FY17.

As of FY19, the group says it intends to adopt a new variable dividend policy and pay-out at least 80% of net profit attributable to shareholders, adjusted for one off, non-recurring items, as dividend.

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