SingTel FQ2 Net Profit Drops 1.6%
Singapore Telecommunications Ltd (OTC: SGAPY) reported a 1.6% drop in its fiscal second-quarter net profit.
SingTel's quarterly net profit fell to 868 million Singapore dollars (US$710 million), from S$882 million, in the year-ago period.
Its operating revenue declined 0.9% to S$4.57 billion from S$4.61 billion.
SingTel shares closed at $26.10 yesterday.
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