StarHub reported today net profit attributable to shareholders1 ("NPAT") of $40.4 million[1] for the three-month period ended 30 September ("3Q") 2024. This was a 11.1% year-on-year ("YoY") increase from $36.4 million in the equivalent period a year ago.
For the nine months ended 30 September ("9M") 2024, StarHub reported stable Service Revenue of $1.4 billion. Service EBITDA grew 4.1% YoY to $323.4 million in 9M2024 with corresponding Service EBITDA Margin of 22.6%. NPAT was 9.5% higher YoY at $123.7 million.
StarHub's balance sheet remains healthy with $167.2 million in Free Cash Flow for 9M2024. Leverage remains low with Net Debt to EBITDA reduced to 1.25 times as at 30 September 2024, compared to 1.36 times as at 31 December 2023.
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某
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How u feel sg market recently ? I feel not moving like abit recession in sg stock market only banks up alot others dead like credit and land not even show any ?
某
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Yes , mostly got big capital but mostly hold it , hv to wait more in dec and next yr to cut down the rate , it still mix bags with uptrend but very slow in sg , consider bad market
Deep Sea OP : The full year net profit should be around $160 million. So, going by P/E 16, the stock should be worth around $1.44.
韭菜小散户 : Looks good, bought some just now at 1.20, lets see the numbers tomorrow
Deep Sea OP 韭菜小散户 :
itsmesherlock : hope it will fly tomorrow
某 : How u feel sg market recently ? I feel not moving like abit recession in sg stock market only banks up alot others dead like credit and land not even show any ?
Deep Sea OP 某 : Agreed. Seems like funds are holding back to buy stocks due to Trump election win and uncertainty ahead in year 2025.
某 : Yes , mostly got big capital but mostly hold it , hv to wait more in dec and next yr to cut down the rate , it still mix bags with uptrend but very slow in sg , consider bad market
Deep Sea OP 某 : Yup
某 :