Singapore Telecommunications Ltd., or Singtel Group (Z74.SI,SGAPY,Z77.SI) reported Thursday higher profit in its third quarter, while EBITDA edged down amid slightly higher revenues.
In the third quarter, net profit climbed 43.5 percent to S$1.89 billion from last year's S$1.32 billion.
The latest results were benefited by a higher exceptional gain of S$1.15 billion, primarily from the sale of a partial stake in Airtel.
Underlying net profit was S$744 million, compared to last year's S$680 million. Excluding contributions from Intouch, prior year's underlying net profit was S$651 million.
EBITDA, meanwhile, edged down 0.4 percent to S$939 million from S$943 million a year ago.
Operating revenue increased 0.9 percent to S$3.663 billion from S$3.629 billion last year.
In Singapore, the shares were trading at S$4.9900, up 0.20 percent.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.