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StarHub Q4 earnings down 14.3% at S$80.8m

Revenue dips 2.1% to S$633.8m; for 2016, telco expects to maintain annual cash dividend of 20 cents per share

Published Tue, Feb 16, 2016 · 09:50 PM

Singapore

STICKING to a trend this reporting season, StarHub joined the other two telcos, Singapore Telecommunications (Singtel) and M1 in reporting a dip in net profit for its latest quarter results.

On Tuesday, Singapore's second biggest telco said net profit for the fourth quarter ended Dec 31, 2015, dropped 14.3 per cent to S$80.8 million from S$94.2 million one year ago. This came on the back of a 2.1 per cent dip in revenue to S$633.8 million, from S$647.4 million.

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