196 views
Logo from StarHub

StarHub’s net profit soars 140.4% YoY to $149.6m in FY23

With a better bottom line, the company declared a final dividend of $0.042 per share.

StarHub ended FY23 with a 140.4% YoY higher net profit attributable to shareholders (NPAT) of $149.6m.

If StarHub excludes the $30.8m non-recurring provisions related to DARE+ taken in FY22 and a $1.2m reversal in FY23, the company’s NPAT would still increase by 76.5% YoY.

In FY23, the company also recorded a 5.5% YoY growth in its service revenue, reaching $1.99b.

With a better bottom line, StarHub declared a final dividend of $0.042 per share.

With the final dividend and interim dividend of $0.025 per share combined, StarHub’s total dividend to be distributed for FY23 was $0.067 per share, exceeding the guided “at least 5 cents.”
 

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!