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StarHub's results to remain soft amid strategic restructuring

Samantha Chiew
Samantha Chiew • 3 min read
StarHub's results to remain soft amid strategic restructuring
SINGAPORE (Nov 12): StarHub on Friday announced that its 3Q18 earnings fell 112.8% y-o-y to $57 million, due to higher operating expenses.
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SINGAPORE (Nov 12): StarHub on Friday announced that its 3Q18 earnings fell 112.8% y-o-y to $57 million, due to higher operating expenses.

Revenue for the quarter was 3% higher at $582.2 million, mainly due to higher revenue from Enterprise Fixed and Sales of equipment, partially offset by lower revenue from Mobile and Pay TV services.

Operating expenses was $26.9 million higher at $506.7 million, due to higher cost of sales.

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