The Business Times
business-time-50

Singtel Q1 profit soars 317.4% to S$2.9 billion on exceptional gains of S$2.2 billion

Its underlying net profit rises 13.9% on the year to S$686 million, from S$603 million

Summarise
google-preferred-sourceAdd BT as a preferred source
Therese Soh
Young Zhan Heng

Therese Soh &

Young Zhan Heng

Published Wed, Aug 13, 2025 · 08:50 AM
    • The bottom-line growth came as the telco recorded exceptional gains amounting to around S$2.2 billion, primarily from the sale of its partial stake in Airtel and the Intouch-Gulf Energy merger.
    • The bottom-line growth came as the telco recorded exceptional gains amounting to around S$2.2 billion, primarily from the sale of its partial stake in Airtel and the Intouch-Gulf Energy merger. PHOTO: BT FILE

    [SINGAPORE] Singtel on Wednesday (Aug 13) posted a higher net profit for its first quarter ended Jun 30, 2025, at S$2.9 billion, up 317.4 per cent from S$690 million in the year-ago period.

    The bottom-line growth came as the telco recorded exceptional gains amounting to around S$2.2 billion, primarily from the sale of its partial stake in Airtel and the Intouch-Gulf Energy merger.

    Meanwhile, Singtel’s underlying net profit rose 13.9 per cent on the year to S$686 million, from S$603 million.

    SingtelCorporate earnings

    TRENDING NOW

    Traffic through the strait has been resuming but with interruptions, and there is still little clarity over a permanent solution for passages through the chokepoint.

    Qatari LNG ship struck in Strait of Hormuz, testing US talks

    This comes after a Citi note on Tuesday that lifted target prices for all Singapore banks, with a leading preference and “buy” call for DBS.

    DBS, OCBC and UOB shares hit all-time highs as sentiment improves

    Aster deputy CEO Andre Khor, citing the age of the “polycrisis”, says: “It’s very important to be agile, to be focused on execution… We don’t know all the answers but we keep going forward.”

    ‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis

    Singapore ranks as the world’s most expensive city for cars and placed third globally for residential property.

    Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More