Singtel net profit rises fivefold in FY2025 !
The growth was driven by a net exceptional gain of $1.55b.
Singtel’s FY2025 net profit rose fivefold to $4.02b, driven by a net exceptional gain of $1.55b from the partial divestment of its Comcentre headquarters, compared to a net exceptional loss a year ago.
Underlying profit grew by 9% to $2.47b, driven by robust performances from Optus, NCS, and regional associates Airtel and AIS.
Optus’ operating revenue rose by 1%, driven by improved mobile performance and good cost management, whilst NCS’ operating revenue increased by 5%, led by Gov+ business growth on the back of demand for cloud, data, and digital services.
Digital InfraCo’s operating revenue rose by 5%, mainly driven by Nxera data centre business’ non-recurring customer reservation fee, utility pass-through, and price increases.
In addition, regional associates’ pre-tax contribution grew by 7%, mainly driven by strong performances from Airtel and AIS.
Meanwhile, Singtel Singapore’s operating revenue fell by 2%, primarily due to the continued decline in legacy carriage services.
The board has proposed a final one-tier tax-exempt ordinary dividend of $0.100 per share, totalling approximately $1.65b. Combined with the interim core dividend of $0.056 per share, the total core dividend amounts to $0.123 per share.
Source: www.hongkongbusiness.hk
credit photo: Antony Lim
