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SingTel Q4 earnings rise 4% to $898m

Earnings growth comes despite weaker regional currencies

Published on May 16, 2014 10:15 AM
 

SINGTEL'S latest profit report has been dragged down by weaker currencies in markets where it has operations, including Australia, Indonesia and India.

But the telco still recorded a 4 per cent rise in fourth-quarter earnings to $898 million.

That would have been a 13 per cent jump had currencies been constant, SingTel said yesterday.

As expected, revenue for the quarter ended March 31 fell 8 per cent to $4.12 billion.

 
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BOOSTING GROWTH

We will leverage our network expansion and increased penetration of 4G devices to drive customer and data revenue growth.

- Ms Chua Sock Koong, group chief executive officer

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