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New StarHub CEO: Don't expect V-shape revenue recovery

Annabeth Leow
Published Tue, Aug 7, 2018 · 09:50 PM

Singapore

A FALL in mobile service revenue continued to weigh on StarHub's bottom line in the second quarter, according to unaudited results on Tuesday.

Net profit slid to S$61.7 million for the three months to June 30, down by 22.8 per cent on the year before.

Turnover rose by 5.4 per cent to S$597.3 million on higher premium handset and smart home equipment sales, but service revenue was up by just 0.7 per cent on falls in pay te…

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