StarHub’s net profit rises 8.7% in H1 2024

The increase was due to higher contributions from the service segment.

StarHub reported an 8.7% year-on-year (YoY) increase in net profit of $83.3m in H1 2024, compared to $76.7m a year ago due to higher service revenue boosted by stronger enterprise segment contributions.

Overall revenue for the period grew 1.0% YoY to $1.1b from 1.09b in H1 2023.

Meanwhile, service revenue for the period grew 2.4% YoY to $939.2m from $917.6m in H1 2023, whilst revenue from the enterprise segment rose 10.8% YoY due to higher revenues from managed Services (+33.9% YoY) and cybersecurity services (+29.0% YoY).

In addition, StarHub’s mobile segment reported $289.7m in revenue, while its broadband and entertainment segments posted $122.9m and $109.4m, respectively.

The company declared an interim dividend of $0.030 per share.

Follow the link for more news on

Starhub

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