StarHub records a net profit growth of 36.5% YoY in 3Q22

Its net profit attributable to shareholders for the period was $37.3m.

StarHub reported a net profit attributable to shareholders (NPAT) of $37.3m for 3Q23, a 36.5% YoY increase from $27.4m in 3Q22.

The increase was due to the company's higher service revenue of $526.0m.

Meanwhile, StarHub's mobile revenue grew 7.2% YoY to $153.3m in 3Q23 on the back of higher postpaid revenue, with improved postpaid average revenue per user (ARPU) of $32.

Entertainment ARPU also rose to $45 in 3Q23. Broadband ARPU remained stable YoY at $34.

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