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StarHub Q3 earnings slip on operating costs

Restructuring-related layoffs completed, but effects will be felt only from Q1 2019

Published Fri, Nov 9, 2018 · 09:50 PM

Singapore

STARHUB'S cost of sales raced ahead of revenue growth in the third quarter, fuelling a 12.8 per cent year-on-year slide in the telco's earnings.

Net profit was S$57 million for the three months to Sept 30, according to results on Friday, while revenue rose by 3 per cent to S$582.2 million.

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