The telco attributes the earnings drop to heftier operating costs including wages, repairs and maintenance, as well as capex on its networks. On the other hand, it incurred lower financing costs and tax.
StarHub has reported revenue of $590.8 million for 3QFY2022 ended Sept 30, up 14.2% y-o-y, as the telco booked higher sales across its major business segments, including sales of equipment.
However, earnings in the same period was down 32% y-o-y to $27.4 million.
