Shares & Derivatives
StarHub’s Investor Day 2023: 4 Key Aspects Investors Need to Know
By The Smart Investor  •  December 5, 2023
It was almost a year ago when StarHub (SGX: CC3) held its Investor Day 2022. Back then, the telco reviewed the progress of its DARE+ initiatives while charting its way forward for 2023. Hence, it is timely that the group releases an update on these initiatives as it plots the next phase of its growth. StarHub recently reported an encouraging set of results for the third quarter of 2023. For the first nine months of 2023, total revenue grew 4.8% year on year to S$1.7 billion while net profit climbed 29.1% year on year to S$114 million. Back in August, the telco paid out an interim dividend of S$0.025, unchanged from a year ago. Here are four aspects of StarHub’s Investor Day 2023 that investors should take note of.

1. Creation of an all-in-one app

The group is looking to become a digital ecosystem player with the execution of new delivery platforms. This strategy involves the introduction of more digital products and platforms to drive new revenue streams and cross-selling opportunities....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.

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