SingTel

SingTel: Optus Profit $160m Down 8%


Australia's second largest telecommunications provider, SingTel (ASX:SGT) have released its third quarter results to the Australian stockmarket investors and traders.

  • Optus Net profit for 3 months to December 31 was $160 million, down 8 percent from $177 million for the previous corresponding period.

Profit Reporting Season


Telstra

Telstra (ASX:TLS) annual profit fell 17 percent with net profit at $3.231 billion for the year to June 30, down from $3.883 billion last period. Revenue added 0.7 percent to $25.09 billion while earnings were down 6.4 percent to $10.15 billion from $10.85 billion last year. The company declared a fully-franked final dividend of 14 cents, with full year payout at 28 cents.

Webjet

SingTel Increases Net Profit


Australia's second largest telecommunications provider, SingTel (ASX:SGT), which owns Optus, has increased their net profit for the six months to September 30 to $345 million from $291 million for the previous corresponding financial period. The 18.6 percent lift in first half profit came from a growing mobile phone customer base as well as prudent cost management.

SingTel Profits From Optus Result


Optus has delivered a $676 million net profit for the year to March 31 to its parent company SingTel (SGT). Net profit was up 15.9 percent which total revenue growing 7.5 percent to $8.9 billion. SingTel's own net profit was S$3.9 billion (A$3.1 billion), 13.3 percent stronger. A higher Aussie dollar increased revenue by 5 percent.

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