SINGAPORE: Mainboard-listed Singapore Telecommunications Ltd posted a 4.5 per cent rise in fourth-quarter net profit, helped by strong growth in customers and data services at its regional mobile associates.
Southeast Asia’s largest telecommunications operator, posted a net profit of $939 million for the three months ended in March 31, 2015, compared with $898 million in the same period a year ago. Underlying net profit totaled $950 million.
The average forecast for net profit was $975 million, according to the three analysts polled by Reuters.
Revenue for the final quarter rose 5 per cent to $4.34 billion, while pre-tax earnings from its regional mobile associates gew 12 per cent.
