Singtel adds fresh ‘value realisation dividend’

The company said net profit for the year to March was S$795mil, compared with S$2.23bil a year ago, — The Straits Times

SINGAPORE: Singtel on May 23 posted a 64% drop in full-year net profit hit by a previously-announced S$3.1bil impairment charge, most of which came from its Australian subsidiary Optus.

The company said net profit for the year to March was S$795mil, compared with S$2.23bil a year ago, as a result of an exceptional loss of S$1.47bil.