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SingTel FQ2 Net Profit Drops 1.6%

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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.

Posted-In: profitEarnings News


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