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StarHub Q1 profit down 7.7% at $84.2m

Results dragged down by lower sales of broadband, pay-TV services

Published Wed, May 7, 2014 · 10:00 PM

STARHUB reported yesterday a 7.7 per cent decline in net profit for the first quarter, dragged down mainly by lower sales of its broadband and pay-TV services.

Net profit for the three months ended March 31, 2014, was $84.2 million, down from $91.2 million a year ago. This translated to earnings of 4.9 cents per share for the quarter, compar…

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