That said, total revenue saw a 5.8% y-o-y decline to $575.2 million, due to lower sales revenue, which fell by 4.1% y-o-y to $493.7 million. This was due to timing of revenue recognition on projects mainly for the cybersecurity services segment, which was mitigated by 24.8% y-o-y revenue growth from enterprise managed services and 29.2% y-o-y growth in regional ICT services.
Local telco StarHub (SGX:CC3
) has reported earnings of $40.4 million for the 3QFY2024 ended September, 11.1% higher y-o-y.
This came on the back of higher profit from operations, higher net non-operating income, and lower taxation.
