Singtel Group Q3 Net Profit Climbs, EBITDA Edges Down
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Singtel Group reported a 43.5% increase in Q3 net profit to S$1.89 billion, aided by a S$1.15 billion exceptional gain from a partial stake sale in Airtel. However, EBITDA slightly decreased by 0.4% to S$939 million, despite a 0.9% rise in operating revenue to S$3.663 billion. Underlying net profit rose to S$744 million from S$680 million last year. Shares in Singapore traded at S$4.9900, up 0.20%.
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