Singtel 1HFY2025 net profit lower in absence of exceptional gains; raises EBIT guidance for full year

Singtel has reported 1HFY2025 earnings of $1.23 billion, down 42% y-o-y because of a one-off gain in the year earlier. Operating revenue was held steady at $6.99 billion.

Underlying net profit for the six months ended Sept, on the other hand, increased by 6% y-o-y to $1.19 billion. EBIT, meanwhile, was up 27% y-o-y to $738 million, led by improvements in its mobile business and cost management at its Australian unit Optus.