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SingTel reports a 22% jump in Q3 profit, driven by gains from Optus and Bharti Airtel.
SingTel reported a significant 22% increase in its third-quarter underlying net profit, largely due to strong performances by its Australian unit Optus and India's Bharti Airtel.
Optus saw a 3% revenue rise to S$1.86 billion, while Airtel's profit nearly doubled, boosted by one-time gains and tariff hikes.
SingTel's underlying net profit reached S$680 million, up from S$559 million a year earlier.
The company aims to capitalize on growth in areas like AI and data centers.
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SingTel reporta un aumento del 22% en el beneficio del Q3, impulsado por las ganancias de Optus y Bharti Airtel.