StarHub angling for growth even as Q2 net profit falls 5.6%

Annabeth Leow
Published Fri, Aug 7, 2020 · 09:50 PM

Singapore

STARHUB is on the prowl for merger and acquisition (M&A) opportunities, its management suggested in an earnings call on Friday.

This is despite a cut to shareholders' H1 payout and a downgrade of FY2020 dividend guidance, which outgoing chief executive Peter Kaliaropoulos said takes into account "everything that's happened to us in the last six months, and the outlook".