StarHub Q4 profit down 4.8%

STARHUB has posted a 4.8 per cent dip in net profit to $83.7 million for the fourth quarter ended Dec 31, 2013 on lower overall revenue.

The topline's decline of 6.2 per cent to $613.7 million was driven by lower equipment sales, which almost halved from $90.8 million in the previous year to $49.9 million.

Service revenue was flat at $563.8 million over the same period.