Singtel's third-quarter profit rises on higher contribution from Airtel, Advanced Info
Mădălin Mihai
Singtel reported a 9.5 per cent rise in its third-quarter underlying net profit on Thursday (Feb 12), driven by strong contributions from India's Bharti Airtel and Thailand's Advanced Info Service (AIS). Singtel reported an underlying net profit of S$744 million (US$589 million) for the three-month period ended Dec 31, compared with S$680 million a year earlier. Contributions from regional associates' post-tax profits rose more than 15 per cent to S$529 million, led by Airtel and AIS. Singtel
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