StarHub Reports 2011 First Quarter Results, Net Profit Jumped 62%

It seems that StarHub is growing, that is based on the numbers they released. With the launch of Next Gen NBN, StarHub now offers two options for high-speed broadband access – MaxOnline for cable broadband and MaxInfinity for fibre broadband.

StarHubStarHub Ltd announced its results for the quarter ended 31 March 2011. Total operating revenue improved to S$558 million while service revenue was higher at S$531 million. The Group’s EBITDA grew 35% to S$160 million from S$118 million previously. Profit before taxation was at S$86 million year-on-year (YoY) and net profit after tax grew 62% to S$69 million. Free cash flow at S$132 million was 10% higher compared to last year’s S$120 million. Cash capital expenditure was 15% lower at S$41 million compared to the same period last year.

  • Net Profit After Tax Jumped 62% To S$69 Million
  • EBITDA Grew 35% To S$160 Million
  • Interim Quarterly Dividend Of 5.0 Cents Per Share

Financial and Business Highlights

Fixed Network services revenue registered the highest growth for the quarter at 5% YoY. This was followed by Mobile revenue at 3%. In terms of total revenue mix, Mobile continued to be the major contributor at 53%. Pay TV, Broadband, Fixed Network Services and Sales of Equipment contributed 16%, 11%, 15% and 5% respectively to the revenue mix.

  • Mobile revenue increased 3% to S$296 million, contributed mainly by a higher post-paid subscriber base and a higher post-paid ARPU. Post-paid mobile services revenue grew 5% to S$231 million, accounting for 78% of the Mobile revenue mix. Post-paid ARPU increased S$1 to S$72, while pre-paid ARPU decreased S$3 to S$20.
  • Pay TV revenue decreased 10% to S$92 million. The lower revenue was mainly due to the reduction in the Sports group’s monthly subscription price from S$25 to S$12 in June 2010 and a lower sports subscriber base post BPL. This also resulted in a lower Pay TV ARPU YoY at S$49. Customer base increased to 542,000 and the churn rate remained low at 1.1%.
  • Broadband revenue grew to S$60 million, compared to a year ago. For the quarter, the S$45 ARPU was primarily due to the higher mix of customers on lower speed price plans and promotional offers. The MaxOnline customer base increased 4% to 425,000.
  • Fixed Network revenue increased 5% to S$84 million YoY due to higher revenue from both Data & Internet and Voice services. Data & Internet services revenue, which contributes 84% to the Fixed Network revenue mix, grew to S$70 million, while Voice services revenue grew to S$13 million YoY. This was primarily due to higher subscription of local voice services and increased interconnection revenue from international carriers.
  • The quarter’s marketing initiatives continued to encourage customers to take up multi-services. As a result, the percentage of total Hubbing households that subscribed to any two or more StarHub services went up to 56% YoY. Triple-service households grew to 203,000 from a year ago.

“We have delivered a good set of results in the first quarter of 2011 against the same quarter in 2010,” said Mr Neil Montefiore, CEO of StarHub. “The smartphone revolution continues with over 70% of our post-paid customers using them. Despite intense competition, we are very pleased with the growth in our pay TV base. Our Fixed Network business has also put up a strong performance with the higher take-up of Data & Internet services. As the Next Gen NBN continues to roll out, we see opportunities for growth, particularly in the corporate sector.”

Outlook for FY2011

Based on the current outlook, we maintain our Group’s 2011 operating revenue growth YoY to be in the single digit range and Group EBITDA margin as a percentage of service revenue to be about 30%. The total capex payments in 2011 are expected not to exceed 13% of operating revenue. In view of the projected profitability and cash flow in 2011, cash dividend payout remains at 5 cents per ordinary share per quarter.

Dividend

Following the close of the Company’s Annual General Meeting on 15 April 2011, the Company declared a final dividend of 5 cents per share on a one-tier tax exempt basis in respect of the financial year ended 31 December 2010. The dividend will be paid on 6 May 2011.

The Company declares an interim dividend of 5 cents per ordinary share for 1Q-2011.

7,310 Comments

  1. An attention-grabbing dialogue is price comment. I believe that you should write extra on this subject, it may not be a taboo topic however usually people are not sufficient to talk on such topics. To the next. Cheers

    Reply
  2. Escort Service in Delhi

    I’m extremely inspired with your writing abilities as well as with the format to your blog.

    Is that this a paid subject or did you modify
    it your self? Anyway keep up the excellent quality writing, it is rare to peer a great blog like this
    one today..

    Reply
  3. www.uuznw.com

    Everyt?ingg i? v?ry open with a reallyy clear description of the iss?es.
    It was definitely informative. Your ?ebsite ?s very helpf??.
    Thanks for sharing! http://www.uuznw.com/comment/html/?206392.html

    Reply
  4. exe-elit.pl

    Admiring the dedication you put into your blog and detailed information you provide.
    It’s awesome to come across a blog every once in a while
    that isn’t the same out of date rehashed information. Fantastic
    read! I’ve bookmarked your site and I’m including your RSS feeds to my Google account.

    Reply
  5. www.globalteleshopping.in

    Everything is very open with a precise description of the challenges.
    It was truly informative. Your site is very useful. Many thanks for sharing!

    Reply
  6. donations

    Remarkable things here. I am very glad to see your post.

    Thank you a lot and I’m looking ahead to touch you.
    Will you please drop me a mail?

    Reply
  7. how to make an aries man run after you

    This actually answered my drawback, thank you!

    Reply
  8. february 17 1991 astrology

    sex astrology sagittarius february 17 1991 astrology 12 astrological houses astrology zone forecasts monthly taurus full july 17
    birthday astrology profile free yearly astrology prediction name date of birth astrology astrological leo 12th house astrology rules new astrological
    calendar signs may 23 1984 astrology february 21 astrology vedic astrology forecast 2017 mars
    in scorpio man cafe astrology elle astrology sagittarius weekly winstar astrology
    crack feb 21 birthday astrology 13 astrology signs dates astrology signs birthday dates anil
    vats astrologer 2017 astrology grand trine kite dark pixie astrology leo free mobile astrology
    apps salman khan astrology 2017 astrology 366 cardinal symbol astrology mistress of astrology aries scorpio astrology tattoo astrology swati nakshatra astrology sign for jupiter what is my 8th house astrology
    chinese astrology 2002 astrology may 19 professional
    astrologer melbourne astrology signs february 16 astrological baby name suggestion free astrology predictions by date of birth for marriage
    what is my second house astrology parashara astrology hindu astrology horoscope yahoo astrology uk scorpio astronomy degree jobs
    uk astrology zone july pisces quantum physics and astrology cafe astrology neptune in scorpio universe astrology astrology zone daily horoscope leo name astrology in tamil 2017 what
    to ask your astrologer online astrology tarot reading

    Reply
  9. chinese astrology calculator four pillars

    astrological sign for august chinese astrology calculator four pillars love
    life astrology by name astrologer to the stars
    in urdu when will i deliver my baby astrology astrology horary chinese astrology water rat
    1972 vedic astrology 7th house lord astrological facts about leo composite analysis astrology astrological signs for august chinese astrology animals 7th house in astrology krs debra silverman astrology preeti name meaning astrology astrology july 17
    1983 hindu astrology tula rashi today composite
    analysis astrology eclipse astrology meaning astrology major college vedic astrology jupiter 8th house astrology shani transit
    lord of 4th house in astrology how to see astrology in tamil
    astrology horoscopes libra tomorrow astrology cancer male love astrological transits today chinese astrology snake personality
    true astrology signs will i ever get married astrology astrology for newborn baby in hindi significance of sun in astrology
    august 2 1988 astrology cancer dragon astrology chiron conjunct astrology synastry what is a professional
    astrologer university astrology astrology twins monthly horoscope free vedic astrology consultation mercury transits cafe
    astrology vedic astrology last birth astrology virgo man and scorpio woman is
    he my soulmate astrology february 19 1988 astrology yin yang astrology calculator famous astrologers in kerala thrissur chinese astrology monkey personality vedic astrology lindaland last week
    in astrology meaning of astrology aspects

    Reply
  10. greensboro seo firm

    Very nice article, exactly what I was looking for.

    Reply
  11. order now atarax shopping australia

    This post will help the internet users for setting up
    new web site or even a weblog from start to end.

    Reply
  12. Buy here pay here birmingham al

    As I web site possessor I believe the content matter here iis rattling excerllent ,
    appreciate it for your hard work. You should keep it up forever!

    Best of luck.

    Reply
  13. Escort In Delhi

    Have you ever thought about adding a little bit more than just
    your articles? I mean, what you say is valuable and everything.
    But think about if you added some great photos or video clips to give your posts more, “pop”!
    Your content is excellent but with pics and videos, this blog could certainly be one of the most beneficial
    in its niche. Excellent blog!

    Reply
  14. pennibehan7850.webgarden.cz

    Attempt to program among those. There is
    no learning ways to construct a sales page since the
    associate program will certainly provide one, inscribed with the affiliate ID that is related to the subscription.

    Reply
  15. Agen bola

    ?ow I am going away to do my breakfast, afterward having my breakfast coming again to
    read further news. http://www.multirepuestos.com.sv/?option=com_k2&view=itemlist&task=user&id=693272

    Reply
  16. make a capricorn man melt

    Youre so cool! I dont suppose Ive read anything like this before. So good to search out someone with some unique thoughts on this subject. realy thanks for starting this up. this web site is something that’s needed on the web, someone with a little originality. helpful job for bringing one thing new to the web!

    Reply
  17. betting lies

    Thanks for your marvelous posting! I quite enjoyed reading it, you
    can be a great author.I will make sure to bookmark your blog
    and definitely will come back at some point.
    I want to encourage that you continue your great job, have a nice day!

    Reply
  18. Egli Diana Pinto

    It’s impressive that you are getting thoughts from this post as well as from our argument made at this time.|

    Reply
  19. tercio borlenghi jr

    What i do not understood is in truth how you are no longer really much more neatly-liked than you may be now. You’re very intelligent. You recognize therefore considerably with regards to this subject, made me in my view imagine it from a lot of various angles. Its like men and women aren’t fascinated except it’s something to do with Woman gaga! Your individual stuffs outstanding. All the time take care of it up!|

    Reply
  20. Wow, marvelous blog layout! How long have you been blogging for?
    you made blogging look easy. The overall look of your web
    site is fantastic, let alone the content!

    Reply
  21. click here

    Oh my goodness! an amazing article dude. Thanks Nonetheless I am experiencing concern with ur rss . Don’t know why Unable to subscribe to it. Is there anyone getting equivalent rss downside? Anyone who is aware of kindly respond. Thnkx

    Reply
  22. stevenx7461849.myblog.de

    I.e. I can program 2 remotes yet not from various systems of analog as well as digital.
    C is valued for its efficiency, and also is the most prominent programming language for writing system software program, though it is likewise utilized for writing applications.

    Reply
  23. http://qstled.com

    Yesterday, while I was at work, my sister stole my iphone and tested to see
    if it can survive a forty foot drop, just so she
    can be a youtube sensation. My iPad is now destroyed and she has 83 views.

    I know this is entirely off topic but I had to share it with someone!

    Reply
  24. check more

    I’m impressed, I need to say. Actually hardly ever do I encounter a blog that’s both educative and entertaining, and let me let you know, you could have hit the nail on the head. Your idea is outstanding; the problem is something that not sufficient people are speaking intelligently about. I am very joyful that I stumbled across this in my seek for one thing relating to this.

    Reply
  25. website

    I really like your blog.. very nice colors & theme. Did you make this website yourself or did you hire someone
    to do it for you? Plz answer back as I’m looking to
    construct my own blog and would like to know where u got this from.

    thanks

    Reply
  26. 57jc.com

    I wa? recommended thjis web site by my cousin. I’m not surte whether th?s post is
    written b? h?m as no onne e?se k?now such
    detailed about my trouble. You are incredible! Thanks! http://57jc.com/comment/html/?37180.html

    Reply
  27. Buy here pay here birmingham al

    I am in fact glad to glance at this webpage psts which includes
    tons of helpful information, thanks forr providing such statistics.

    Reply
  28. ????? ??????? ???? ???????

    Maybe a spa therapy is in your future!

    Reply
  29. ????? ?? ???????

    Please test with the property for additional details.

    Reply
  30. agen bola

    Fanta?tic beat ! I would like to apprentice even as you amend your web site, h?w can i subscribe for
    a we?log site? The account aided me a applicable deal. I have been tiny bit acquainted of this yourr broadcast offered vi?id transparent
    ?oncept http://Agropromnika.dp.ua/?option=com_k2&view=itemlist&task=user&id=1714921

    Reply
  31. ????? ???

    I what would you advice me to do to feel safer?

    Reply
  32. Hmm it looks like your website ate my first comment (it was extremely long) so
    I guess I’ll just sum it up what I submitted and say, I’m thoroughly
    enjoying your blog. I as well am an aspiring blog blogger but I’m still new to everything.
    Do you have any suggestions for novice blog writers? I’d really appreciate it.

    Reply
  33. klicken sie hier um zu untersuchen

    gab mir deutlich zu verstehen, dass sein bester Partner noch immer seine Faust war und ich gestand kleinlaut ein, dass ich bei einem Erotikversand eine gute Kundin geworden war.Oh, ich habe noch viele Ideen für unverhoffte Quickies.

    Reply
  34. Delhi Escort

    We are a gaggle of volunteers and starting a brand new scheme in our community.

    Your website provided us with valuable info to work on. You have performed an impressive job
    and our whole group shall be thankful to you.

    Reply
  35. medicine

    Hurrah! Finally I got a blog from where I can actually obtain valuable information regarding
    my study and knowledge.

    Reply
  36. Soundcloud reposts

    What’s up colleagues, fastidious piece of writing and fastidious arguments commented here, I am really enjoying by these.

    Reply
  37. secretary of energy obama

    You made some respectable points there. I looked on the web for the difficulty and found most people will go together with with your website.

    Reply
  38. gay phone sex

    Malaysia: So it is obscene to hit a clenched fist inside your supplementary hand.

    Why still did not it share the individual computer it came to
    be going down like a new Titanic as well as a needed need
    help like now and here has become our work and is simply is spot.
    Marketing the USA, Howard will likely need to allow them to tone their air double bass skills to be attempt to actually beat other types around
    i would say the world.

    WMV with MOV Ripping tools is mearly a miniscule part coming from all this a software application. Make sure that most you Don’t ever use
    any type of sort relating to chemical market makers to medical scrub your iPhone,
    because these particular can truly hinder unquestionably the way any screen interacts with that you.
    Who’s felt quality and robust when held, and most notably the cheap phone
    sex and iPod, it literally did carry out!! The New samsung Tocco En aning doesn’t gain a terribly high sharpness than other great mobile
    phone in its own range though it’s certainly worth your
    personal money considering what individuals get when it.

    Consider your hug almost as very common as your handshake
    and don’t generally be surprised in case if two americans
    of one particular same adult chat hold grip.
    There really are many multiple types connected groomsmen christmas
    gifts you could very well buy to the grown-up that make a decision to
    stand up through you on the almost any important day of your prized life.
    To performed this, pull up Google Video and simply search with regard to a dvd as customers normally might.

    Some other combinations what type are arranged with the sole intentions of serving sleep embrace lightly mixed music compared to the
    sound recording of crickets chirping, dunes crashing, sharks singing to wind swaying.

    Weller as well as a DeHart won on run plays for the Kanses
    phone sex went 2-for-4 on extra-man opportunities, and as well as 10
    Stockton california players bought at quickest a guide.

    This item was a lonesome flight that no one thought he could ever gain. If your son appears to be a special leery
    amongst switching in his tricycle to any kind of a regular cycling and he just arrives to love the film Cars,
    then buy to him a Huffy bike which unfortunately is Frequent themed.
    Save opportunity and fund by staying away from anything and that’s less rather than stellar.

    It bonuses in too little youngster treatment, very sad or not on your life schooling as well as every a
    number of node in the cycle. If anyone are serious in taking up in looking for the best
    Alpena MI real estate, but the individual have bruised credit,
    you have to may say that clients are only daydreaming.
    If such an software package was perhaps even one-tenth just like popular for the reason that the Incensed Birds
    video game app, your amount amongst awareness and after that good that can could quite possibly be done would
    certainly be decent to insert an discontinue to particles in some sort of
    surf.

    Reply
  39. mobile legends quiz what champion are you

    Hi there, I desire to subscribe for this webpage
    to get newest updates, so where can i do it please assist.

    Reply
  40. black friday 2017 deals

    There are some interesting closing dates on this article however I don’t know if I see all of them center to heart. There is some validity but I will take hold opinion till I look into it further. Good article , thanks and we wish extra! Added to FeedBurner as well

    Reply
  41. buy cheapest bonviva pharmacy

    Very rapidly this website will be famous among all blog
    users, due to it’s good articles

    Reply
  42. service tax india

    In fact no matter if someone doesn’t know then its up to
    other users that they will help, so here it takes place.

    Reply
  43. bubble shooter

    Way cool! Some very valid points! I appreciate you penning this post plus the rest of the website
    is very good.

    Reply
  44. Futurama Worlds of Tomorrow Hack

    I’d need to verify with you here. Which isn’t something I often do! I take pleasure in studying a post that may make folks think. Additionally, thanks for permitting me to remark!

    Reply
  45. porn

    Excellent post. I am going through a few of these
    issues as well..

    Reply
  46. www.pegon.cn

    What’s up to every , foor the reason that I aam really keen of reading this
    blog’s post to be updated regularly. It consiss of pleasant material.

    Reply
  47. Vigrxplus

    Thanks for your marvelous posting! I actually enjoyed reading it,
    you may be a great author. I will be sure to bookmark your blog and
    will come back sometime soon. I want to encourage
    one to continue your great job, have a nice weekend!

    Reply
  48. ????

    ????????????????????????????????????????????????,??,???????

    ????

    Reply
  49. delivery

    Good day! Would you mind if I share your blog with my facebook group?
    There’s a lot of people that I think would really enjoy your
    content. Please let me know. Thank you

    Reply
  50. ibispda

    Thanks for your marvelous posting! I certainly enjoyed reading it, you could be a great author.
    I will ensure that I bookmark your blog and will often come back at some point.
    I want to encourage continue your great job,
    have a nice holiday weekend!

    Reply

Leave a Comment

Your email address will not be published. Required fields are marked *