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Singtel's Q3 profits down 8.5 per cent on Airtel woes

Tougher conditions in India, lower contributions from associates hurt earnings

Singapore

TOUGHER market conditions in India did no favours for Singtel's third-quarter results, out on Thursday.

Absent a boon like the previous quarter's NetLink Trust divestment bonanza, earnings slid to S$890 million for the three months to Dec 31, 2017 - a drop of 8.5 per cent

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