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Title : StarHub's Q3 net profit drops 2.1% on-year to S$79.5m
By :
Date : 05 November 2008 2201 hrs (SST)
URL : http://www.channelnewsasia.com/stories/singaporebusinessnews/view/387895/1/.html

SINGAPORE: StarHub has posted a 2.1 per cent drop in third quarter earnings on-year. Net profit for the three months ended September 30 came in at S$79.5 million.

The decline was attributed to higher operating expenses and taxes. Revenue also rose by 2 per cent to S$525 million.

StarHub is maintaining its guidance for a 7 per cent growth in revenue for the full year.

In a conference call, StarHub said it is not likely to bring the iPhone into Singapore this year.


- CNA/so




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