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Wireless

StarHub's Q1 profit drops 24%, revenue down nearly 4% on COVID impact

Wednesday 5 May 2021 | 07:24 CET | News
Singapore operator StarHub posted total revenue of SGD 487.1 million for its first quarter ended 31 March 2021, which represents a decline of 3.8 percent year-on-year. Revenue was manly affected by the COVID-19 crisis. Service EBITDA also declined by 8.2 percent year-on-year to SGD 115.4 million, mainly due to lower revenues, offset by lower operating expenses and higher other income. Net profit reached SGD 30.5 million, down 24 percent year-on-year.

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Categories: Mobile & Wireless
Companies: StarHub
Countries: Singapore
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