Healthy bank balance: SingTel reported strong contributions from regional telecom firms in Thailand, the Philippines, Indonesia and India.
SINGAPORE: South-East Asian telecom giant Singapore Telecom said its first-quarter profit rose 13% from a year earlier, boosted by a one-time gain from its Indian business and strong earnings from regional associates.
Net profit in the three months to June came in at Sg$942mil (RM2.71bil), Singtel said in a filing to the Singapore Exchange, while group revenue rose 1.5% to Sg$4.21bil (RM12.11bil).
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