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Wireless

SingTel group's profits rise 24% in Q3

Wednesday 10 February 2010 | 00:13 CET | News
SingTel group saw its third quarter revenues and profit grow by double digits. Net profit went up 24 percent to SGD 991 million from SGD 799 million a year earlier. Revenues were SGD 4.45 billion, up 20 percent from SGD 3.70 billion in the year-ago quarter, driven by steady growth from Singapore and Australia and assisted by the stronger Australian dollar. Operational EBITDA rose 16.7 percent to SGD 1.23 billion, and pre-tax earnings from the regional mobile associates increased 22 percent to SGD 592 million, driven by significant improvement in Telkomsel's performance and fair value gains on

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Categories: Mobile & Wireless
Companies: SingTel
Countries: Asia
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