StarHub    Last:1.02   -

Starhub

they need big restructuring .

 

FY2023 Ebitda commitment was 500m by FY2024.
FY2025 Ebitda is 403.6m
FY2026 Ebitda guidance is 75% to 80% of FY2025
Time to jump ship

JurongW      ( Date: 14-Feb-2026 15:16) Posted: For investors of Telcos, time to sell starhub and switch to Singtel ? RHB downgrades StarHub to &lsquo sell&rsquo , Citi to &lsquo neutral&rsquo as profit slides DBS reviews rating - The Business Times

 

For investors of Telcos, time to sell starhub and switch to Singtel ?

RHB downgrades StarHub to &lsquo sell&rsquo , Citi to &lsquo neutral&rsquo as profit slides DBS reviews rating - The Business Times
 

 

StarHub&rsquo s weak FY2026 guidance leads DBS to review call while Morningstar flags overvaluation

StarHub&rsquo s FY2026 guidance disappointed, with ebitda expected to be 75% to 80% of FY2025 levels, below market expectations. This, coupled with intense competition and a focus on profitable growth, led DBS and Morningstar to review their outlooks and fair value estimates for StarHub.

 

StarHub profit slides 46% as telco transformation struggles against consumer decline

 

Kind of funny when the new CFO is briefing the consumer business is impacting the margin but this is not new and have been brought multiple times over the years during results briefing so are they saying there's no strategy to mitigate. Oh wait, so they acquired the balance stake in MyRepublic broadband which is also a consumer business?

Operating expenses is up, what happen to Dare+ objective to bring it down? I thought FY26 is the big year to reap the benefits but instead they are lowering guidance?

The growth of its enterprise business while good but i think we are starting to see that the growth is not fast enough to patch the gap created by the drop in the consumer business and overall revenue. Again not sure whether this is "unexpected" like the 14m penalty for the spectrum return.

 

StarHub H2 net profit more than halves to S$38.5 million guides lower earnings in FY2026

It declares a total dividend of S$0.06 a share for FY2025

[SINGAPORE] StarHub posted net profit of S$38.5 million for its second half ended Dec 31, 2025, a 50.9 per cent decline from S$78.4 million in the year-ago period.

This translated to an earnings per share (EPS) of S$0.019, down 55.3 per cent from S$0.043 in H2 2024.

Its H2 revenue stood at S$1.2 billion, down 3.1 per cent on the year from S$1.3 billion.

On a full-year basis, StarHub&rsquo s net profit fell 46.2 per cent to S$86.4 million, as the group was hit with a one-off S$14.1 million penalty for the return of spectrum rights and the absence of a provision utilisation from which it benefited in the year before.

Excluding the impact of the one-off penalty and provisions, the group&rsquo s full-year underlying net profit fell 29.1 per cent to S$100.5 million.

Jacky Lo, chief financial officer at StarHub, attributed the decline in profit to a &ldquo very competitive&rdquo consumer business he noted that other telcos were competing on prices, which resulted in lower margins.

This sentiment was echoed by StarHub chief executive Nikhil Eapen, who said that the telco&rsquo s full-year results &ldquo reflect the operating environment&rdquo .

&ldquo While our regional enterprise business continues to grow, the Singapore consumer telecommunications market has experienced prolonged pricing pressure. This continues to weigh on returns and the pace of investment across the sector.&rdquo

Lo also noted that other expenses, such as depreciation and interest, have also risen. StarHub&rsquo s FY2025 operating expense stood at S$2.2 billion, up 3.2 per cent from S$2.1 billion in the year-ago period.

Lower guidance

StarHub believes that the road ahead will be paved with more challenges.

For the upcoming financial year, StarHub is guiding an earnings before interest, tax, depreciation and amortisation (Ebitda) of 75 to 80 per cent of FY2025 &ndash its Ebitda stood at S$403.6 million this financial year.

The new guidance range is lower than the 88 to 92 per cent FY2024 Ebitda guidance for the previous financial year.

The lowered range reflects the management&rsquo s decision to focus on &ldquo commercial flexibility&rdquo , as it ramps up on its capital expenditure commitment to between 13 and 15 per cent of total revenue, up from 6.7 per cent in FY2025, noted Lo.

&ldquo These are disciplined investments aligned to long-term competitiveness and operational resilience.&rdquo

Consumer headwinds

The consumer segment is also expected to face more headwinds. In FY2025, consumer revenue fell to S$978.7 million, from S$1 billion the year before.

Specifically, StarHub&rsquo s mobile revenue fell 7.7 per cent in FY2025 to S$532.5 million, from S$577 million the year before. The group attributes the lower revenue to a decline in roaming, IDDs, subscription and value-added services revenues.

The number of mobile subscribers stood at 2.2 million, lower than 2.3 million the year before. Average revenue per user remained stable at S$22.

Eapen said the telco seeks to expand on its market share through &ldquo quality and differentiated value, not through price&rdquo .

It also seeks to increase its customer lifetime value and raise monetisation across its brands &ndash namely StarHub, Giga, MyRepublic and Eight.

&ldquo We have a unique infrastructure-based platform model that our customers prefer, and we intend to invest to scale our platform to serve our existing customers more, while growing our pace with new customers,&rdquo he added.

The group declared a final dividend of S$0.03 an ordinary share for FY2025,  down from a final dividend of S$0.032 in the previous financial year.

Its interim dividend of S$0.03 a share brings its total dividend for the year to S$0.06 a share.

Despite the lower Ebitda guidance for FY2026, the group expects the full-year dividend to be S$0.06 or 80 per cent of net profit attributable to shareholders, whichever is the higher. 

Shares of StarHub closed 5 per cent or S$0.06 lower at S$1.14 on Thursday.

 

Makes one wonder how they can keep their job till now.

vivacious      ( Date: 13-Feb-2026 08:32) Posted: less than 1/4 of the price of singtel....seriously ridiculous

 

less than 1/4 of the price of singtel....seriously ridiculous

 

Need to change the management team like SingPost, otherwise will be like Singpost and become irrelevant. There is no initiative to enhance the revenve sources instead of depending on 5 years plan to implement Dare which is to cut down the expenses. We dont need the high paying CEO to monitor the implementation of Dare. We need a new CEO, like Singtel, to look for new initiatives for Starhub. 

 

StarHub's Attributable Profit Declines by 51% in H2 2025 Shares Down 4%

09:53 PM EST, 02/11/2026 (MT Newswires) -- StarHub's (SGX:CC3) attributable profit to owners of the company fell by 51% in H2, 2025 to SG$38.5 million from SG$78.4 million a year earlier, according to a Thursday filing with the Singapore Exchange.

Earnings per share dropped to SG$0.019 compared with SG$0.043 in the year-ago period.

Total revenue declined 3.1% year over year to SG$1.22 billion from SG$1.26 billion, mainly due to lower revenues across all segments.

The company declared a final dividend of SG$0.03 per share for the period, taking the total dividend for 2025 to SG$0.06 per share.

Shares of the telecommunications company were down over 4% in Thursday trading.

 

No chance with this management team, it will never double but it won't go down below $1

Will be lucky to see it reaches $1.20 without any new development.

freestyle123      ( Date: 12-Feb-2026 12:50) Posted: singtel last flushed out before pumping up from 2.5 to 5. starhub will be doubled up in 2026-7 noslen      ( Date: 12-Feb-2026 10:58) Posted: 🤔 won't be the last for sur

 

Any revised support level?
 

 

singtel last flushed out before pumping up from 2.5 to 5.

starhub will be doubled up in 2026-7

noslen      ( Date: 12-Feb-2026 10:58) Posted: 🤔 won't be the last for sure freestyle123      ( Date: 12-Feb-2026 10:41) Posted: last flushing lah, be patient

 

Can't argue with that, one reported profit up 43% and another reported a 50% drop in profit.

MrBear12      ( Date: 12-Feb-2026 10:25) Posted: no. buy Singtel sell starhub Speediman      ( Date: 12-Feb-2026 08:34) Posted: Dividend wasn't affected, 6cts per year, around 5%. Higher dividend for 2026 as mentioned. Fixed deposit monies will be better off placing their money here, earning higher payout

 

🤔 won't be the last for sure

freestyle123      ( Date: 12-Feb-2026 10:41) Posted: last flushing lah, be patient. MrBear12      ( Date: 12-Feb-2026 10:25) Posted: no. buy Singtel sell starhu

 

last flushing lah, be patient.

MrBear12      ( Date: 12-Feb-2026 10:25) Posted: no. buy Singtel sell starhub Speediman      ( Date: 12-Feb-2026 08:34) Posted: Dividend wasn't affected, 6cts per year, around 5%. Higher dividend for 2026 as mentioned. Fixed deposit monies will be better off placing their money here, earning higher payout

 

no. buy Singtel

sell starhub

Speediman      ( Date: 12-Feb-2026 08:34) Posted: Dividend wasn't affected, 6cts per year, around 5%. Higher dividend for 2026 as mentioned. Fixed deposit monies will be better off placing their money here, earning higher payout

 

 

Singatel $5.00 All royality long-term investor big huat Time to sell the Singapore sunset Ind Imo