StarHub’s net earnings down 18.4% in Q1

Regional enterprise and broadband gains were offset by lower sales from other segments.

StarHub has reported a net profit after tax (NPAT) attributable to shareholders of $31.8m in the first quarter (Q1) of 2025, down 18.4% from last year.

In a bourse filing, the company said the lower net earnings were recorded following a 0.7% decline in service revenue, which settled to $464.0m.

Broken down, StarHub logged 10% and 5% gains in its regional enterprise and broadband segments in Q1. However, these were offset by lower revenue contributions from mobile, entertainment, and cybersecurity due to the timing of project recognition.

The lower NPAT was also coupled with a 5.2% decline in earnings before interest, taxes, depreciation, and amortisation to settle at $100.2m. The company said this was due to lower gross profit from certain segment revenue declines, alongside higher operating expenditure from outsourcing costs and operating lease, offset by lower staff costs and R&M.

Follow the link for more news on

Starhub

Financial Statements

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. 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