Singtel posts 1.8pc rise in Q4 net profit

SINGAPORE: Singapore Telecommunications (Singtel) Ltd yesterday reported a 1.8 per cent rise in fourth-quarter net profit, helped by growth in broadband, mobile data and services. It posted a net profit of S$963 million (RM3 billion) for the three months ended March, compared with S$946 million a year ago. Underlying net profit, which excludes one-time items, rose 0.8 per cent. The company posted a 2.9 per cent rise in its underlying annual net profit of S$3.92 billion.