SingTel posts rise in Q1 profit but flags decline in FY earnings

Group flags drop of about 5% in FY earnings after subsidiary Optus takes earnings hit.

Optus parent Singapore Telecommunications (SGT) has flagged a drop of about 5% in full-year earnings and said it will keep Optus' $2-billion plus satellite business, after posting an increase in net profit for the first quarter to June.

Dual-listed SingTel's net profit for the three months to 30 June grew 7% to $S1.01 billion ($876.5 million), from $S905 million in the prior year when analysts were anticipating approximately $928.7 million.



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles