SingTel FQ3 Profit Down 8.3%
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.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.