Wednesday, August 14, 2013

Epic Research Singapore : Singtel Update

Singapore Telecommunications Ltd. net profit rose 6.9% on-year in the first quarter
Net profit in the three months ended June 30 was 1.01 billion Singapore dollars (US$797 million), compared with S$945 million in the same period last year, Australian unit Optus Pte. rose 7.7% to A$167 million even though revenue fell 5.3% to A$2.12 billion. That was as expenses fell 9% to A$1.56 billion.

 
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