StarHub Q4 earnings up 10%

Singapore

STARHUB posted a 10 per cent increase in quarterly net profit to S$94.2 million on the back of a 5 per cent rise in revenue to S$647.4 million, led largely by higher sales of the new iPhones launched last September and growth in mobile services.

For the final quarter ended December 2014, revenue from the sale of equipment jumped 57 per cent to S$78.2 million while total service revenue came in almost flat, rising by 0.5 per cent to S$569.2 million.