Shares & Derivatives
Starhub Full Year Results Review – Net Profit Down 2%, Broadband Under Siege
By StockBrokerPlaysPoker  •  February 25, 2015
Full year revenue remained stable at +1%, however net profit dipped 2%. I think this is pretty much in line with expectations. Free cash flow per share stood at 19.2 cents which is quite close to their 20 cent dividend payout, so I do think they should have no problems maintain the juicy dividends. Mobile and Pay TV services remained stable however Broadband Services saw a big 16.5% decline in revenues! As you can see, Starhub has actually done a great job of growing its Broadband business as total customers is still on a uptrend. However the pain comes from lower revenues per customer as we see the down trend from $42 to $34. For consumers this is good news, as we singaporeans are paying lower fees to access the internet at a much faster speed thanks for the fibre optic network. However due to the lower barrier ......
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By StockBrokerPlaysPoker
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