StarHub CEO hopes for year-end pick-up as management scraps earnings guidance

Annabeth Leow
Published Wed, May 6, 2020 · 09:50 PM

Singapore

STARHUB'S first-quarter earnings fell in spite of mobile and broadband subscriber gains, according to an interim business update from the mainboard-listed telco on Wednesday.

Net profit fell by 25.7 per cent year- on-year to S$40.2 million for the three months to March 31, as revenue fell 15.2 per cent to S$506.2 million.