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General

StarHub's H1 revenue almost flat, profit plunges 30%

Wednesday 7 August 2019 | 07:23 CET | News
Singapore operator StarHub saw its second-quarter total revenue decline by 7.4 percent year-on-year to SGD 552.8 million, while total revenue for the first six months of 2019 was slightly lower by 0.9 percent year-on-year at SGD 1.14 billion. Service EBITDA margins reached 31.8 percent for the second quarter and 32.8 percent for the first half of 2019, which represents an increase of 1.6 percent and 1.9 percent, respectively, for the corresponding periods. Net profit after tax for the six months amounted to SGD 88.7 million or 30.2 percent lower compared to the same period in 2018.

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Categories: General
Countries: Singapore
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