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StarHub Profits Drop 5 Percent in Q4

Light Reading
LR Mobile News Feed
Light Reading
2/7/2013
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SINGAPORE -- StarHub Ltd today announced its results for the fourth quarter and full year ended 31 December 2012. Operating revenue for the quarter rose 7% to S$654.1 million compared to S$612.6 million year-on-year (YoY). The Group’s EBITDA decreased 5% to S$175.9 million for the quarter. On a full year basis, operating revenue increased 5% to S$2,421.6 million while EBITDA was 7% higher at S$719.8 million from S$676.0 million previously. EBITDA margin as a percentage of service revenue was 31.2% for the quarter and 32.3% for the year. In 4Q2012, net profit after tax was at S$87.9 million. Compared to a year ago, net profit after tax decreased 5%. On a full year basis, net profit after tax increased 14% to S$359.3 million. Cash capital expenditure (capex) was at S$115.3 million for the quarter or 1% lower YoY. On a full year basis, it was 11% higher at S$272.7 million. StarHub Pte. Ltd.

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