Singtel H2 net profit up 6.1% to S$1.1 billion, proposes final dividend of S$0.053
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
SINGTEL on Thursday (May 25) posted S$1.1 billion in net profit for the second half ended March, up 6.1 per cent from the S$994.5 million reported in the corresponding period the year before.
This came as the telco recorded growth in its mobile segment, price uplifts as international travel and roaming recovered, rising 5G adoption, and an increase in demand for information and communication technology (ICT) services.
The results translate to an earnings per share (EPS) of S$0.0639 for H2. The group’s net profit before exceptional items, or underlying net profit, for the second half stood at S$1 billion, up 11.5 per cent from S$941 million in the same period the previous year.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
