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09 May 2025
StarHub Ltd Navigates 1Q2025: Profit and Revenue Dip, But Enterprise Strength and Subscriber Growth Signal Focus
Summary:
- StarHub Ltd reported a 0.7% decrease in Service Revenue to $464.0 million for the first quarter of 2025.
- Net Profit After Tax (NPAT) attributable to shareholders fell by 18.4% to $31.8 million, while EBITDA decreased by 5.2% to $100.2 million.
- Despite the overall financial decline, the Regional Enterprise segment demonstrated a 10% year-on-year revenue increase, and the Broadband segment's revenue grew by 5%.
- In the Mobile segment, revenues declined, but the subscriber base expanded significantly by 10.4%.
- StarHub's strategic priorities for 2025 include defending and growing its consumer market share and scaling its Regional Enterprise business.