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Starsux Made Huge Profit from TV Monopoly

makapaaa

Alfrescian (Inf)
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<TABLE border=0 cellSpacing=0 cellPadding=0 width=560><TBODY><TR><TD vAlign=top width=550 colSpan=2>StarHub posts 21% rise in net profit to $78m <!-- TITLE : end--><!--
Higher service revenues, reduced costs and smaller taxes helped profit increase. -ST --></TD></TR><TR>
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</TD></TR><TR><TD class=content_subtitle align=left>Thu, Aug 06, 2009
The Straits Times </TD></TR></TBODY></TABLE></TD><TD width=400 align=right><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR><TD vAlign=top align=right> </TD><TD height=15>
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</TD><TD vAlign=top align=right><FORM method=post name=emailToFriendForm action=emailToFriend.jsp><INPUT value=/vgn-ext-templating/asiaone/emailToFriend.jsp?vgnextoid=c1b914636cde2210VgnVCM100000430a0a0aRCRD&vgnextchannel=8269835dd2322110VgnVCM100000bd0a0a0aRCRD type=hidden name=emailToFriendPageURL> <INPUT value=http://www.asiaone.com/Business/News/Story/A1Story20090806-159493.html type=hidden name=emailToFriendStoryLink> </FORM><SCRIPT> function openEmailA1AdminWindow(emailToFriendForm) { var emailToFriendPageURL = emailToFriendForm.emailToFriendPageURL.value; emailToFriendForm.action = emailToFriendPageURL; emailToFriendForm.target="_blank"; emailToFriendForm.submit(); } </SCRIPT></TD></TR></TBODY></TABLE><TD></TD></TR></TBODY></TABLE></TD></TR><!-- Story Without Image / With eXtra Large Image End --><TR><TD class=bodytext_10pt colSpan=3><!-- CONTENT : start -->By Chua Hian Hou
HIGHER service revenues, reduced costs and smaller taxes helped deliver a 21 per cent improvement in second-quarter net profits to $77.8 million at Singapore's second-biggest telecommunications player, StarHub.
Despite a challenging economic backdrop, revenues were ahead 0.2 per cent at $532 million for the three months to June 30, compared to the same period last year.
<TABLE border=0 cellSpacing=2 cellPadding=2 width=300 align=right><TBODY><TR><TD><SCRIPT language=JavaScript src="/static/ads/scripts/adsimu.js"></SCRIPT><!-- AdSpace 300X250 A1-STI IMU --><SCRIPT language=JavaScript1.1 type=text/javascript src="http://ads.asia1.com.sg/js.ng/site=tasiaonebiz&sec=a1_biz&pagepos=1&size=300X250"></SCRIPT><NOSCRIPT></NOSCRIPT><!-- /AdSpace --></TD></TR></TBODY></TABLE>StarHub chief executive Terry Clontz said he is pleased with the results, given the business environment.
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