StarHub net profit down 14.3% in Q4

 Telco StarHub reported a 14.3 per cent drop in net profit for the fourth quarter ended Dec 31.
Telco StarHub reported a 14.3 per cent drop in net profit for the fourth quarter ended Dec 31. PHOTO: ST FILE

SINGAPORE - StarHub has posted a fourth quarter net profit of S$80.8 million, down 14.3 per cent from the same period a year ago.

Revenue in the three months ended Dec 31 was S$633.8 million, down 2.1 per cent from a year ago.

This brought full-year earnings to S$372.3 million for 2015, up 0.5 per cent from 2014.

Fourth quarter earnings per share was 4.7 Singapore cents, from 5.5 cents a year ago.

Net asset value per share stood at 10.8 cents as at Dec 31, from 8.6 cents a year ago.

A final dividend of 5 cents per share was proposed for the full year.

marilee@sph.com.sg