BRIEF-Singtel Posts Qtrly Underlying Net Profit S$680 Million

Reuters
19 Feb
BRIEF-Singtel Posts Qtrly Underlying Net Profit S$680 Million

Feb 19 (Reuters) - Singapore Telecommunications Ltd STEL.SI:

  • QTRLY UNDERLYING NET PROFIT S$680 MILLION

  • QTRLY OPERATING REVENUE S$3,629 MILLION

  • CONTINUE TO SEE STRONG DEMAND FOR DIGITALISATION AND DIGITAL INFRASTRUCTURE THAT UNDERPINS IT

  • COST SAVINGS OF S$200 MILLION IN SINGTEL SINGAPORE AND OPTUS FOR FY25

  • SEES DIVIDENDS FROM REGIONAL ASSOCIATES TO BE APPROXIMATELY S$1.3 BILLION IN FY25

  • TOTAL CAPITAL EXPENDITURE TO BE AROUND S$2.8 BILLION FOR FY25

Further company coverage: STEL.SI

((Reuters.Briefs@thomsonreuters.com;))

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