StarHub may face risks in weaker earnings and execution of transformation programme

Its results were within the analyst’s expectations.

Telecommunications firm, StarHub, may face downside risks such as weaker-than-expected earnings and execution of the transformation program, said RHB.

Whilst its final quarter results were in line with RHB’s projections, provisions for its transformation program may be contributing to headline losses in the quarter.

There was overall recovery in revenue momentum, with inorganic acquisitions playing a role.

Management guided for similar service EBITDA margin (c. 20%) for FY23F with 8-10% service revenue growth.

Follow the link for more news on

Starhub

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

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