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Strong Sing dollar keeps SingTel Q2 profit flat at $870m

In constant currency terms, net earnings rise 7%, operating revenue dips 2.7%

[SINGAPORE] The heftier Singapore dollar sat down hard on SingTel's earnings for the second quarter, rendering its net profit flat at $870 million as adverse currency movements eroded contributions from Optus and its regional associates.

In the quarter ended Sept 30, the Australian dollar...