StarHub Reports 2011 First Quarter Results
• Net Profit After Tax Jumped 62% To S$69 Million
• EBITDA Grew 35% To S$160 Million
• Interim Quarterly Dividend Of 5.0 Cents Per Share
Singapore, 4 May 2011 – StarHub Ltd today announced its results for the quarter ended 31 March 2011. Total operating revenue improved to S$558 million while service revenue was higher at S$531 million. The Group’s EBITDA grew 35% to S$160 million from S$118 million previously. Profit before taxation was at S$86 million year-on-year (YoY) and net profit after tax grew 62% to S$69 million. Free cash flow at S$132 million was 10% higher compared to last year’s S$120 million. Cash capital expenditure was 15% lower at S$41 million compared to the same period last year.