Revenue for the full year was 0.7% higher y-o-y at $2.04 billion, compared to $2.03 billion last year, mainly due to higher contributions from broadband and enterprise business, partially offset by lower revenues from mobile, entertainment and sales of equipment.
Local telco group StarHub announced that its latest FY2021 ended December 2021 earnings have come in at $149.3 million, some 5.5% lower y-o-y than $157.9 million in FY2020.
The drop in earnings was mainly due lower lower payouts from the government in the form of the Job Support Scheme (JSS). Excluding the JSS, the group would have recorded earnings growth of 17.0% y-o-y from $126.7 million to $148.3 million.
