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StarHub posts 21% decline in 1Q earnings to $73 mil on higher expenses, lower other income

Michelle Zhu
Michelle Zhu • 3 min read
StarHub posts 21% decline in 1Q earnings to $73 mil on higher expenses, lower other income
SINGAPORE (May 3): StarHub reported $73.1 million in earnings for the 1Q ended March, 21.3% lower as compared to $92.8 million reported the year before on the back of higher operating expenses and lower other income.
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SINGAPORE (May 3): StarHub reported $73.1 million in earnings for the 1Q ended March, 21.3% lower as compared to $92.8 million reported the year before on the back of higher operating expenses and lower other income.

Revenue for the quarter grew 0.2% on-year to $592.3 million from $590.9 million in the previous year.

Broadband service recorded higher revenue at $54 million during the quarter from an increased mix of customers taking fibre plans.

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