StarHub Ltd (OTCPK:SRHBF)
$ 0.9383 0 (0%) Market Cap: 1.57 Bil Enterprise Value: 2.10 Bil PE Ratio: 14.35 PB Ratio: 3.63 GF Score: 84/100

Half Year 2024 StarHub Ltd Earnings Call Transcript

Aug 14, 2024 / 10:15AM GMT
Release Date Price: $0.9383
Amelia Lee
StarHub Ltd - Head, Investor Relations

Hi, good evening, everyone. I hope you can all hear us. Okay, if you can't, leave us a message. Thank you for joining us this evening. As usual, we have with us: Nikhil, our CEO; Dennis, our CFO; Johan, who heads up our Consumer Business; and Kit, who heads our Enterprise Business. So as usual, Nikhil will start off with some opening remarks, and we'll go through the deck pretty quickly. And then, followed by Q&A.

Nikhil, over to you.

Nikhil Eapen
StarHub Ltd - Chief Executive Officer, Executive Director

Thank you, Amelia, and good evening to all of you. And thank you for joining us for our first half 2024 numbers. Without further ado, I'll go to the financial highlights. And starting, as always, with service revenue, we were up 2.4% for the year. Now this was driven largely by our enterprise business, which grew about 10.8% overall, with the star being managed services, which grew 33% year on year. This was offset to some degree by mobile overall. Now, Service EBITDA went up 2.9% for the first

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