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Brokers' take

33115723.7 (38276157) - 05_05_2016 - STARHUB.jpg
Starhub reported a better-than- expected set of Q2 16 results last evening; while revenue fell 0.6 per cent year on year (yoy) to S$585.7 million, net profit jumped 9.6 per cent yoy to S$108.6 million, boosted by a non-operating gain of S$9.5 million.

StarHub | Hold

Target price: S$3.94

Aug 4 close: S$3.92

OCBC Investment Research, Aug 4

STARHUB reported a better-than- expected set of Q2 16 results last evening; while revenue fell 0.6 per cent year on year