SUBSCRIBERS
M1 gets 2.5% bounce on back of record results
Published Tue, Jan 20, 2015 · 09:50 PM
Singapore
NEWS of M1's record full-year profit and a surprisingly juicy dividend gave the telco's stock a 2.5 per cent bounce in trading on Tuesday. The counter gained nine Singapore cents, finishing at S$3.71.
On Monday, M1 had posted an all-time high profit of S$175.8 million for 2014 - an increase of 9.7 per cent year on year. Fourth-…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Blackstone reports 1% rise in Q1 earnings
India’s Infosys misses fourth-quarter revenue estimates
UBS shuts some China private funds, will lay off staff: sources
China’s top lenders face 1.6 trillion yuan loss-absorbing capital shortfall by 2025, Fitch estimates
US dollar rally stalls after rare FX warning from finance chiefs
ROE target of 14% is ‘decent’ for UOB: CEO Wee Ee Cheong