StarHub Q1 profit up 25.9% despite 4.4% dip in revenue

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.

Ebitda stood at S$183.4 million, a 13.2 per cent year-o…