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M1's Q4 profit down 2.5% amid fall in handset sales
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Published Tue, Jan 23, 2018 · 09:50 PM
Singapore
A SLIDE in handset sales ate into telco M1's earnings in the fourth quarter, on a dip in operating revenue, even as service revenues grew on higher post-paid turnover and a rise in fixed-service contributions.
Net profit was S$31 million for the three months to Dec 31, 2017, the company said on Tuesday - a drop of 2.5 per cent on the previous year.
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