(August 07 10:54) Sbr.com.sg
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.
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