StarHub Q1 profit up 25.9% despite 4.4% dip in revenue
Telco's bottom line helped by 9.1% fall in operating expenses
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Singapore
STARHUB, after the close of market and introduction of new telco operator Circles.Life on Thursday, posted a 25.9 per cent rise to S$92.8 million in net profit attributable to equity-holders for the first quarter, up from S$73.7 million a year ago.
The profit rise came despite a revenue fall as operating expenses dropped 9.1 per cent to S$485.9 million.
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