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StarHub’s 3Q earnings drop 27.6% to $86 mil from lower mobile services revenue, decline in non-operating income

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StarHub’s 3Q earnings drop 27.6% to $86 mil from lower mobile services revenue, decline in non-operating income

Benjamin Cher Published on Wed, Nov 02, 2016 / 5:52 PM GMT+8

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SINGAPORE (Nov 2): StarHub reported a 27.6% fall in earnings to $86 million in 3Q from a year ago.

This came on the back of a 3% fall in revenue to $585.3 million due to lower revenue from mobile services and sale of equipment and a decline in non-operating income.

The company had reported non-operating income of $15 million on fair-value gains last year, which was absent this year.

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