Singtel's fiscal 2021 Ebitda forecast to drop 11-13% to between S$3.9b and S$4.1b: S&P
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Vivienne Tay
Singapore
STANDARD & Poor's (S&P) Global Ratings has forecast Singtel's reported earnings before interest, taxes, depreciation and amortisation (Ebitda) to decline by 11-13 per cent to between S$3.9 billion and S$4.1 billion in fiscal 2021.
Meanwhile, adjusted Ebitda - which includes dividends from associates - is estimated to drop 6-8 per cent to between S$5.1 billion and S$5.2 billion, the credit ratings agency said in a report on Thursday, which did not constitute a rating action.
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