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M1's Q3 net profit down 4.8% at S$32.7m

Revenue holds steady at S$251.6m, no dividend declared for the period

Tue, Oct 17, 2017 - 5:50 AM

M1's fibre customer base grew by 6,000 customers to 182,000 in Q3. Its postpaid customer base increased by 5,000 customers and prepaid customer base decreased by 41,000 customers.

Singapore

HIGHER depreciation and interest expenses led to a 4.8 per cent fall in M1's net profit to S$32.7 million for its third quarter ended Sept 30, 2017, the telco announced on Monday.

Revenue held steady at S$251.6 million, one per cent higher than last year's S$249.1 million...