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Singtel's profit rose 14% amid Optus outage, with upgraded earnings forecast despite missing expectations.
Singtel reported a 14% increase in underlying profit to S$1.35 billion for the first half of fiscal 2026, driven by strong performances from Optus and regional affiliates, despite a major outage at Optus that disrupted emergency services in Australia.
The company raised its full-year operating earnings forecast to high single-digit to low double-digit growth, up from prior guidance, and expects its digital infrastructure arm Nxera to grow earnings at over 20% annually.
While net profit surged 176% to S$3.4 billion due to one-off gains, the results slightly missed consensus.
Singtel maintained its outlook amid ongoing scrutiny of Optus, citing operational resilience and a diversified portfolio.
El beneficio de Singtel aumentó un 14% en medio de la interrupción de Optus, con un pronóstico de ganancias mejorado a pesar de las expectativas fallidas.