Shares & Derivatives
StarHub Posts Stable Earnings of $372.3 million for FY2015
By The Fifth Person  •  February 17, 2016
StarHub posted earnings of $372.3 million for FY201S, a marginal increase from the $370.5 million reported in FY2014. Revenue rose 2.4% to $2.4 billion, with the 34.5% increase in equipment sales to $228.3 million, despite the 0.1% dip in service revenue to $2.2 billion. Mobile revenue decreased 0.6% to $1.2 billion for the full year to December, on the back of lower prepaid and roaming revenue, and broadband revenue was 0.8% lower at $200.3 million. Pay TV service revenue grew 0.3% to $391 million, and fixed network service revenue was $6.6 million higher, arising from its data & internet services. For the full year, revenue from equipment sales surged 34.5% to $228.3 million driven by increased quantities sold and the increased mix of higher end phones. The group has declared a final dividend of five cents per share for the current financial period. StarHub expects ......
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By The Fifth Person
The Fifth Person believes in spreading a message that financial literacy and sound investment knowledge can help people around the world achieve financial independence and lead better lives for themselves and their loved ones.
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