StarHub Q3 profit rises 27% to $96.2 million
Published on Nov 2, 2012 6:13 PM
Singapore's second largest telco StarHub reported that its net profit rose 27 per cent to $96.2 million for the third quarter of this year.
This was due to higher revenue from fixed network, pay-TV and broadband services, and higher mobile device sales.
For the quarter, operating revenue rose 2 per cent year-on-year to $585.9 million compared to $572.2 million in the same period last year.
Cash capital expenditure was at $59.6 million for the quarter or 29 per cent higher year on year.