(February 15 11:18) Sbr.com.sg
Submitted By:
Arianna Danganan
Case Study:
No
It blamed lower contributions from its mobile and Pay TV segments.
StarHub ended 2018 on a dismal note when its profits fell 26.2% YoY to $201.5m from $273m in 2017, an announcement revealed. Revenue also slipped 2% YoY from $2.41b to $2.36b.
In Q4, profits extended its downward spiral as it crashed 61.8% YoY to $19.8m from $51.8m, whilst revenue dropped 9.8% YoY to $619.5m from $686.9m during the same period in 2017.
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