Singtel posts 11% rise in quarterly net profit
[SINGAPORE] Singapore Telecommunications Ltd, Southeast Asia's largest telecommunications operator, reported an 11 per cent rise in third-quarter net profit, on strong performance at home and higher contributions from its regional associates.
It posted a net profit of S$970 million (US$713 million) for the three months ended December, compared with S$872 million a year ago.
The average forecast for net profit was S$917 million by three analysts polled by Reuters.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Easy to rent out, hard to sell: Are buyers losing interest in Singapore’s one-bedroom condos?
GovTech retrenches another 38 staff in second round of layoffs
Stocks to watch: Seatrium, CapitaLand Investment, Keppel DC Reit, Suntec Reit, CLCT, TSH Resources
World’s largest offshore wind platform by Seatrium consortium on track to be completed by 2028