Starhub's profit down 5.6% to $37.3m in Q2

Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No Most of its business segments saw decline in revenue. Starhub saw its profit attributable to shareholders dip 5.6% YoY to $37.3m in Q2 from $39.5m in Q2 2019, an SGX filing stated. For the H1 period, profit crashed 17.2% YoY to $77.4m from $93.5m in H1 2019. In its first full financial quarter impacted by the global COVID-19 pandemic, StarHub’s Q2 service revenue declined 15% YoY to $376.2m, no thanks to lower contributions from mobile, broadband and pay TV. Total revenue also fell 18% YoY to $453.4m in Q2 from $552.8m. read more