Starhub (CC3. SI) released its 4Q 2019 and FY2019 financial results today. Overall, the results are not impressive, a far cry from its glory days in the past but it is evident things have improved and stabilized under the new CEO. Positive Highlights: 1. Q4 2019 Net Profit doubles from $15.4m to $33.3m 2. Revenue from Enterprise, Managed Services & Cybersecurity grew 3. CAPEX was 7.5% of Revenue instead of 8 to 9% 4. Free Cash Flow for FY2019 increased 50% from $145m (8.4cents/share) to $218m (12.6cents/share) 5. Dividend per share maintained at 9.0 cents for FY2020 Expected declines in FY2018 1. Total Revenue dips 1.3% 2. Net Profit continues to drop 10.9% 3. Revenue from Mobile business declined 7.2% 4. Revenue from PayTV decreased 20% 5. Revenue from Broadband decreased 5% despite increase in subscriber base As shared during my portfolio unveil post, Starhub is one of my initial investments when I started to build a long term income portfolio in 2016....