- StarHub (SGX:CC3)'s 3Q22 EBITDA eased 17.5% y-o-y (-9.2% q-o-q) as lower margin more than offset higher revenue. This led to core EPS falling 31.5% y-o-y (-10.8% q-o-q). However, 9M22 EBITDA/ core EPS tracked ahead at 78%/89% of our FY22F forecasts as the booking of Dare+ transformation cost has been slightly deferred.
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
- Read more at SGinvestors.io.
Above is the excerpt from research report by CGS-CIMB.
Clients of CGS-CIMB may access the full report in PDF @ https://www.itradecimb.com.sg/.
FOONG Choong Chen CGS-CIMB Research | Sherman LAM Hsien Jin CGS-CIMB Research | https://www.cgs-cimb.com 2022-11-10
Read also CGS-CIMB's most recent report:
2024-02-08 StarHub - Entering The Tail-End Of DARE+.
Previous report by CGS-CIMB:
2023-12-13 StarHub - Streamlining Its Cybersecurity Business.
Price targets by 2 other brokers at StarHub Target Prices.
Listing of research reports at StarHub Analyst Reports.
Relevant links:
StarHub Share Price History,
StarHub Announcements,
StarHub Dividends & Corporate Actions,
StarHub News Articles