Reuters logo
BRIEF-Starhub posts Q4 net profit S$54.0 million
February 3, 2017 / 10:37 AM / 10 months ago

BRIEF-Starhub posts Q4 net profit S$54.0 million

Feb 3 (Reuters) - Starhub Ltd

* Q4 net profit s$54.0 million versus s$80.8 million

* Q4 total revenue s$634.8 million versus s$633.8 million

* In first half of 2017, we will see general spectrum auction and 2g network shutdown

* Expect our group’s 2017 service revenue to be at about 2016’s level and group ebitda margin to be between 26% to 28% of service revenue

* “we expect challenges from streaming boxes and other entertainment alternatives to continue in 2017”

* In 2017, capex payment is expected to be at about 13% of total revenue

* “For broadband, we expect pricing pressures to linger and will focus on upgrading customers to higher speeds, to maintain arpu”

* “Intend to pay a quarterly cash dividend of 4 cents per ordinary share for fy2017.”

* Proposed a final dividend of s$0.05 per ordinary share Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below