SINGAPORE: Singapore Telecom (SingTel) said Thursday its financial first quarter net profit fell 17.4% from the year before due to the absence of one-time gains and weaker currencies of the countries in which it has key investments.
South-East Asia's biggest telecom firm by revenue said in a statement to the Singapore Exhange it earned Sg$835mil (RM2.12bil) in the three months ended June 30, down from Sg$1.01bil (RM2.57bil) in the same quarter the previous year.
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