May 18, 2017

Singapore Telecommunications’ net profit increased by 1.8 per cent to S$963.3 million in its fourth fiscal quarter as weakness in India dragged down better performances in other key markets. On a per-share basis, the telco’s profit for the three months ended March 31 slipped to 5.9 Singapore cents from a year-ago 5.94 Singapore cents.

Full-year net profit slipped 0.5 per cent to S$3.85 billion, or 23.96 Singapore cents per share, from S$3.87 billion, or 24.29 Singapore cents per share. Singtel is maintaining a final dividend payout of 10.7 Singapore cents per share.

Including an interim dividend of 6.8 Singapore cents that has already been paid out, total dividends for the year will be 17.5 Singapore cents per share, in line with the year-ago payout.

Singtel closed at: S$3.76