SUBSCRIBERS
StarHub Q4 gain up, but top line continues shift towards lower-margin enterprise business
Published Thu, Feb 20, 2020 · 09:50 PM
Singapore
STARHUB'S full-year service revenue was worse than forecast in 2019, though management is holding on to hopes of a better year ahead - Covid-19 outbreak notwithstanding.
That's as a cost-cutting drive helped to push net profit for the three months to Dec 31, 2019 to S$34.9 million, up from S$19.8 million in the year before, while turnover dipped by 1.8 per cent to S$608.4 million.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
US: Wall Street stocks fall as markets weigh strong wage data, Fed meeting
Carnival’s Princess brand revises 2025 world cruise routes amid Red Sea tensions
Google to pay up to US$6 million to News Corp for new AI content, The Information reports
Restaurant Brands tops estimates as Burger King overhaul pays off
Yen falls after suspected intervention on Monday; eyes on Fed
US: Wall St opens lower on labour costs data