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Singtel’s H1 net profit drops 42% YoY to $1.23b
The absence of Telkomsel share gains drove the decline.
Singapore Telecommunications (Singtel) ended H1 FY 2025 with a 42% YoY lower net profit of $1.23b.
Singtel attributed its lower net profit to the absence of the $1.2b gain from the issuance of Telkomsel shares in H1 FY2024.
Excluding its associates, Singtel's net profit would increase by 6% YoY to $1.19b.
With higher underlying net profit, the company reported an interim dividend per share of $0.070, up 35% YoY.
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