StarHub Q3 profit and EBITDA fall while revenue rises 4.5%

what happened

Singapore telecom operator StarHub Ltd reported that its third-quarter net profit attributable to shareholders fell to S$3.9 million from S$22.1 million a year earlier, according to TradingView, which carried the report from dpa-AFX and RTTNews. Excluding one-off items, profit was also S$3.9 million, which the company linked to high operating leverage and higher depreciation and amortization.

EBITDA dropped 26.3% to S$72.1 million, mainly because of lower gross profit, higher operating expenses and smaller other income. Total revenue rose 4.5% to S$486.8 million. Service revenue grew 2.9% to S$396.1 million, with Enterprise up 18.4%, while Consumer was softer.

For fiscal 2026, StarHub now expects EBITDA to be in line with fiscal 2025. Earlier it had guided to 75% to 80% of that level, citing competition in Consumer and its decision to keep commercial flexibility.

why it matters

The signals for investors are mixed: quarterly profit and EBITDA are clearly weaker, but the updated outlook is firmer than the previous one. The company also reiterated its plan to deliver S$70 million in cumulative cost savings to reach minimum efficient scale.

market impact

StarHub shares: weak quarterly profit offset by a firmer EBITDA outlook

• ↔StarHub shares mixed — weak quarterly profit weighs, while the firmer EBITDA outlook supports the stock

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