SUBSCRIBERS
Singtel may be picking up, despite Q2 horror
Underlying net profit is up 3.1%, with associates' showing in the tough markets of Indonesia and India levelling out
Add BT as a preferred source
Annabeth Leow
Published Fri, Nov 15, 2019 · 09:50 PM
Singapore
THE headline number in Singtel's second-quarter results was ghastly, as the mainboard-listed telco posted an unprecedented quarterly loss for the three months to Sept 30. The counter lost S$0.12, or 3.64 per cent, to S$3.18 in the aftermath on Friday.
But even as Singtel grapples with the shock S$668 million loss on a one-time provision at Bharti Airtel, there was still cause for cheer when watchers peeked under the hood at associates' operating performance.
Copyright SPH Media. All rights reserved.
