StarHub posts 61.8% drop in 4Q earnings to S$19.8 mil; declares final dividend of 4 cents

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SINGAPORE (Feb 14): StarHub reported a 61.8% drop in 4Q18 earnings to S$19.8 million, from S$51.8 million in 4Q17.

This brings FY18 earnings to S$201.5 million, 26.2% lower than S$273.0 million in FY17.

The company is cutting its FY19 dividend payout guidance to at least 9 cents or 2.25 cents per quarter.

Total revenue for 4Q18 was 9.8% lower at S$619.5 million, from S$686.9 million in the previous year, mainly due to lower revenue from...(click on link for full story on theedgesingapore.com)