StarHub net profit up 62.6% to $37m for Q2

The company recorded continued growth in all of its business divisions.

StarHub continues to show signs of expansion as their profit increased to 62.6%, as well as a recorded 7.3% year-on-year (YoY), bringing their total revenue to $486.7m.

Most of this growth can be attributed to Starhub’s rapid expansions with all of its sectors.

StarHub’s CEO Nikhil Eapen cites partnerships that help them achieve specific markets. Examples of these include Disney + and NVIDIA GeforceNOW for their consumers, as well as their foray into cybersecurity services and network solutions for their enterprise customers.

Through their efforts, StarHub also exceeded their DARE transformation goal set last 2018. This resulted in a projected cost savings of $273m, higher than the initial target of $210m.

The company also documented a cash generation of $245.2m from their operating activities and a free cash flow of $128.1m in the first half (H1) of 2021.

Because of all this, the company also announced a dividend of 2.5 cents per share for H1 2021, with a goal of 50 cents per share set for the financial year 2021.

Follow the link for more news on

financial report

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia