Singapore Telecommunications Ltd

Z74: XSES (SGP)
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Singtel Earnings: Optus Turning Around, Associates Strong; Fair Value Up 19% to SGD 4.36

Singtel's first-half result was highlighted by strong revenue and profit growth from Optus and NCS, partially offset by a flattish performance from Singtel domestic. Consolidated revenue was down 1.2%, with operating profit up 13% and underlying net profit up 14%.

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