An announcement from Singtel ( (SG:Z74) ) is now available.
Singtel reported a strong performance for the third quarter of 2024, with an underlying net profit increase of 22% to S$680 million, driven by contributions from Optus, NCS, Airtel, and AIS. The company’s net profit more than doubled due to a net exceptional gain, while operating revenue and EBITDA remained stable. The financial results highlight Singtel’s improved profitability and strategic positioning in the telecommunications market.
More about Singtel
Singtel is a leading communications technology company primarily involved in the telecommunications industry. The company offers an array of services including mobile, broadband, and fixed-line telephony services, with significant market presence in Singapore and Australia through its subsidiaries and regional associates.
YTD Price Performance: 10.82%
Average Trading Volume: 9,540
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $40.91B
See more data about Z74 stock on TipRanks’ Stock Analysis page.