PhoneCardSmile.Com Logo
E-mail: Password:
Welcome to PhoneCardSmile.com
Singapore Phone Card News / Singapore Telecom News
Singapore Telecommunications 2Q net profit rises 3.3 percent on regional business

Date: 11/7/2007 3:20:33 PM

Singapore Telecommunications Ltd. said Wednesday its fiscal second quarter net profit rose 3.3 percent from a year ago on contributions from regional mobile associates and operations in Singapore and Australia.

Net profit for the JulySeptember quarter came in at 988 million Singapore dollars (US$684 million €470 million), up from S$956 million in the same quarter last year, SingTel said in a statement.

Operating revenue was at S$3.69 billion (US$2.55 billion €1.74 billion), up 10.9 percent from S$3.33 billion previously.

"The success of our international expansion has created a diversified earnings base," SingTel Group Chief Executive Chua Sock Koong said in the statement. "Our overseas operations now contribute 74 percent of proportionate earnings before interest, tax, depreciation and amortization, up from 71 percent a year ago," Chua said.

In Australia, SingTel said its Optus subsidiary saw revenue rise 3.7 percent in the quarter to 1.93 billion Australian dollars (US$1.8 billion €1.23 billion).

SingTel said posttax profit from regional associates rose 21 percent to S$477 million (US$330 million €225 million) on the back of strong subscriber growth, especially in India.

Underlying net profit, which strips out exceptional items, rose to S$914 million (US$633 million €432 million) from S$815 million a year ago. The company granted a dividend of 5.60 Singapore cents (US$0.039 €0.027) per share for the quarter, up from 3.69 cents a share a year earlier.

 

PhoneCardsmile.com  Phone Card News Stats

Source: http://www.iht.com/articles/ap/2007/11/07/business/ASFINEARNSSingTel.php?WT.mc_idrssap_news


<-- Back

International Phone Card Search

Calling From United States to:
Search
Phone Card Name (Optional):
Search
Provide Local Access in
Search

Navigation Links:


Live Help!

My Rewards Program






Secured and Verified by:
About SSL Certificates
HACKER SAFE certified sites prevent over 99.9% of hacker crime.
Discover, Master, Visa, American Express
Your current IP is: 54.235.29.110

Phone Card Rates
Brazil Phone Card, Brazil Calling Card Flag   Brazil 0.2¢ Canada Phone Card, Canada Calling Card Flag   Canada 0.1¢
China Phone Card, China Calling Card Flag   China 0.1¢ Egypt Phone Card, Egypt Calling Card Flag   Egypt 3.1¢
France Phone Card, France Calling Card Flag   France 0.1¢ Germany phone card, Germany calling card flag   Germany 0.1¢
Iraq Phone Card, Iraq Calling Card Flag   Iraq 1.0¢ india phone card, india calling card flag   India 0.1¢
italy phone card, italy calling card flag   Italy 0.1¢ Japan Phone Card, Japan Calling Card Flag   Japan 0.3¢
Korea South Phone Card, Korea South Calling Card Flag   S. Korea 0.1¢ Mexico Phone Card, Mexico Calling Card Flag   Mexico 0.4¢
Nigeria Phone Card, Nigeria Calling Card Flag   Nigeria 2.7¢ Philippines Phone Card, Philippines Calling Card Flag   Philippines 4.6¢
Russia Phone Card, Russia Calling Card Flag   Russia 0.3¢ Taiwan Phone card, Taiwan Calling Card Flag   Taiwan 0.1¢
South Africa Phone Card, South Africa Calling Card Flag   S. Africa 0.9¢ USA Phone card, USA Calling Card Flag   USA 0.3¢
UK Phone Card, United Kingdom Calling Card Flag   UK 0.1¢ USA Phone card, USA Calling Card Flag   Vietnam 0.8¢
 
Phone Card News
 





















More News...