StarHub has announced its financial results for the first quarter of 2025, revealing a net profit after tax of $31.8m and service revenue of $464m. The company’s performance was bolstered by a 10% year-on-year growth in its Regional Enterprise segment, primarily due to a more than 20% increase in Managed Services. Additionally, StarHub’s Broadband business saw a 5% rise as more customers opted for higher bandwidth plans to accommodate their digital needs.
The company’s earnings before interest, tax, depreciation, and amortisation (EBITDA) stood at $100.2m. StarHub’s balance sheet remains robust, with a free cash flow of $32m and a net debt to EBITDA ratio of 1.26x as of 31 March 2025.
Celebrating its 25th anniversary, StarHub is committed to delivering long-term value to shareholders, customers, and the community. The company is focused on enhancing its consumer market presence, expanding its Enterprise business, and improving operational efficiency through its Modern Digital Infrastructure platform. StarHub is also exploring acquisitions to support strategic growth.
The company remains on track to complete its major transformation investments by mid-2025, aiming to strengthen its competitive positioning in the market.
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