StarHub net profit up by SG$19.1m

SingaporeZDNet — Singaporean telecommunications provider StarHub has announced its financial results for the quarter ending March 31, 2016, reporting net profit of SG$92.8 million, up 25.9 percent from the SG$73.7 million reported for the same period in 2015. Earnings before interest, tax, depreciation, and amortisation (EBITDA) was SG$183.4 million, up 13.2 percent from last year’s SG$162.1 million, while revenue sat at SG$590.9 million, down 4.4 percent year on year from the SG$617.9 million announced in the same quarter for FY15.

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