Singtel Interim Profit Jumps 10%, Lifts Earnings Outlook

Quick Answer: Singtel‘s underlying net profit rose 10% to S$1.49 billion for the six months ended September 30, driven by its units and regional associates. The company also raised its fiscal 2027 EBIT growth outlook for its operating company and declared a 9.0 Singapore cent interim dividend. For shareholders, the results point to stronger earnings and a higher payout, though Singtel is a Singapore-listed stock, not a Bursa Malaysia counter.

Singtel’s interim profit rose 10% in the six months ended September 30, the Southeast Asia’s largest telecom operator said on Friday. Underlying net profit reached S$1.49 billion (US$1.16 billion), up from S$1.35 billion a year earlier.

What Is Behind the Singtel Interim Profit Rise?

Finance chart showing Singtel interim profit results — Singtel’s interim results lifted underlying net profit by 10%

Singtel credited strong performance from its units and regional associates for the gain. Post-tax contributions from regional associates rose 9.0% to S$993 million.

The associates include India’s Bharti Airtel, Thailand’s Advanced Info Service (AIS) and Indonesia’s Telkomsel. At S$993 million, they account for roughly two-thirds of the S$1.49 billion underlying profit.

Optus Revenue Fell 2.0%, Yet Profit Improved

Optus, Australia’s second-largest telecom provider, has been owned by Singtel since 2001. Its operating revenue fell 2.0%, but stronger mobile performance and cost management improved its profitability.

Why Did Singtel Raise Its FY2027 Earnings Forecast?

Singtel now expects fiscal 2027 earnings before interest and tax (EBIT) for its operating company, excluding regional associates, to grow between mid and high single digits. The previous guidance was low- to mid-single-digit growth.

The upgrade follows the stellar first-half showing from its units and associates. Both drivers feed directly into the earnings base the company is now guiding higher.

How Much Is the Singtel Dividend Per Share?

Singtel declared an interim dividend of 9.0 Singapore cents per share, up from 8.2 Singapore cents a year earlier. That is 0.8 Singapore cents more per share, an increase of about 10%.

For every 1,000 shares held, the interim dividend works out to S$90 at this rate. Investors who want to compare payouts across companies can read our Dividend Investing Guide.

Does Singtel Matter for Malaysian Investors?

Singtel is listed in Singapore, not on Bursa Malaysia, so it does not appear among Bursa counters. Malaysian investors would need an overseas-market trading account to buy its shares.

Its three named regional associates, Bharti Airtel, AIS and Telkomsel, are also based outside Malaysia. Investors tracking Southeast Asian telcos may find the associate contribution the most useful line to follow in future results.

Key Takeaways

Underlying net profit rose 10% to S$1.49 billion for the six months ended September 30, from S$1.35 billion.
Regional associates contributed S$993 million, up 9.0%.
Optus operating revenue fell 2.0%, but profitability improved on mobile performance and cost management.
FY2027 EBIT guidance for the operating company was raised to mid and high single-digit growth.
Interim dividend is 9.0 Singapore cents per share, up from 8.2 Singapore cents.

Disclaimer: This article is for general information only and is not a recommendation to buy, sell or hold any security. Do your own research and read the company’s official announcements before making any investment decision. For Bursa-listed names, check the AI Stock Analysis for Malaysians tools to support your own review.

Frequently Asked Questions

Is Singtel listed on Bursa Malaysia?

No, Singtel is a Singapore-listed company and is not a Bursa Malaysia counter. Malaysian investors would need an overseas-market trading account to buy its shares.

How much was Singtel’s interim underlying net profit?

Singtel’s underlying net profit for the six months ended September 30 was S$1.49 billion (US$1.16 billion). That was up 10% from S$1.35 billion a year earlier.

How much is Singtel’s interim dividend per share?

Singtel declared an interim dividend of 9.0 Singapore cents per share. That is up from 8.2 Singapore cents a year earlier.

What is Singtel’s new FY2027 earnings guidance?

Singtel expects fiscal 2027 EBIT for its operating company, excluding regional associates, to grow between mid and high single digits. The previous forecast was low- to mid-single-digit growth.

Why did Optus revenue fall for Singtel?

Optus operating revenue fell 2.0%, but stronger mobile performance and cost management improved its profitability. Optus is Australia’s second-largest telecom provider and has been owned by Singtel since 2001.

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