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SingTel FQ3 Profit Down 8.3%

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Singapore Telecommunications (OTC: SGAPY) reported an 8.3% drop in its fiscal third-quarter net profit.

SingTel's quarterly net profit fell to 827.1 million Singapore dollars ($669.4 million), from S$902 million, in the year-ago period.

Its revenue dropped 4.8% to S$4.6 billion.

SingTel shares closed at $29.25 yesterday.

Posted-In: profitEarnings News


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