StarHub's Q1 service revenue drops nearly 9% on COVID-19 impact

Thursday 7 May 2020 | 10:41 CET | News
Singapore operator StarHub reported a 15.2 percent year-on-year decline in total revenue to SGD 506.2 million for the first quarter of 2020. The decline was mainly due to on COVID-19 impact, the company said. Net profit plunged 25.7 percent to SGD 40.2 million in the first three months of this year. Service revenue fell 8.9 percent year-on-year to SGD 404.9 million as a result of lower revenues from the mobile, broadband and pay-TV business.

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Categories: Mobile & Wireless
Companies: M1
Countries: Singapore
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