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Singtel posts 11% rise in quarterly net profit

Published Wed, Feb 11, 2015 · 10:51 PM

    [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

    Singtel

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