Singapore Telecommunications Ltd

Z74: XSES (SGP)
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Singtel Earnings: Optus Turning Around; Fair Value Up 2% to SGD 3.67

Singtel's first-quarter highlights were strong revenue and profit growth from Optus and NCS, partially offset by flattish performance from Singtel domestic. Consolidated revenue was down 0.6% with operating profit up 9.6%, and underlying net profit up 14%.

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