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Singtel Group Regional Associates' Earnings Dropped 37% For The Fiscal Year

by zdnet.com posted 2months ago 35 views
The overall Singtel Group decreased its customer base from 706 million to 650 million customers. : Singaporean telecommunications giant Singtel has revealed its regional associates' pre-tax earnings for the full fiscal year to 31 March 2018 went down 37%, from SG$2.3 billion to SG$1.4 billion. Of Singtel's regional associates, Airtel reported a pre-tax loss of SG$471 million, compared to a SG$231 million profit in the year prior; Bharti Telecom went from a SG$216 million profit to SG$511 million loss; and Telkomsel reported that its pre-tax earnings dropped 17.9% year on year to SG$1.1 billion.

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