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
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution
Ford profit beats on commercial sales; EVs still dragging
WhirlPool is cutting 1,000 jobs as US appliance demand remains stagnant
Anglo American says it received unsolicited buyout proposal from BHP
TSMC says ‘A16’ chipmaking tech to arrive in 2026, setting up showdown with Intel
Meta profits soar but costs of AI cause worry