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M1 rings in record full-year net profit S$175.8m
Published Mon, Jan 19, 2015 · 09:50 PM
Singapore
M1 phoned home a 9.9 per cent increase in fourth-quarter profit to S$44.5 million, capping off a year of record net profit, it reported on Monday.
For the full year ended Dec 31, 2014, the telco's net profit was up 9.7 per cent at S$175.8 million while operating revenue stood at S$1.08 billion, a 6.8 per cent increase. M1's previous record was in FY2007, when its bottom line came in at S$171.8 million.
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