Singtel's first-half underlying profit climbs 10% on Optus strength
Singtel reported a 10% rise in first-half underlying net profit, helped by Optus and regional associates including Bharti Airtel, according to Reuters.
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what happened
Singapore Telecommunications, known as Singtel, said on Friday that its first-half underlying net profit rose 10%. The gain was driven mainly by its Australian unit Optus and regional associates, including India's Bharti Airtel, according to Reuters.
For the six months ended September 30, underlying net profit came to S$1.49 billion ($1.16 billion), up from S$1.35 billion a year earlier. Reuters also cited the exchange rate of 1 US dollar to 1.2869 Singapore dollars.
why it matters
Singtel is Southeast Asia's largest telecom operator, so its earnings trend matters to regional investors. Growth built on Optus and Bharti Airtel shows that overseas assets remain a key source of income for the group.
market impact
Singtel shares: higher underlying profit supports investor interest in the stock.
- Singtel shares pressure up — underlying net profit for the first half rose 10%
tags
instruments
sources
- Singtel's half-year underlying profit rises 10% — Reuters, 12 November 2026 at 23:40 UTC
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