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General

Singtel quarterly revenues fall 6%, profit flat

Thursday 12 May 2016 | 10:54 CET | News
Singtel reported revenues for its fiscal fourth quarter to March down 6 percent from a year earlier to SGD 4.094 billion, hurt by negative forex effects, cuts to termination rates in Australia and lower handset sales in Singapore. Excluding the MTR and forex effects, revenue would have rose 2 percent, the company said. EBITDA was unchanged year-on-year and up 2 percent excluding the currency impact to SGD 1.262 billion. After a strong improvement in profit from associates, especially Indonesia's Telkomsel, underlying net profit rose 3 percent to SGD 981 million. The currency impact and

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Categories: General
Companies: SingTel / Telkomsel
Countries: Asia / Singapore
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