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Singtel 2Q earnings treble on NetLink divestment gains; declares special dividend of 3 cents/share

Michelle Zhu
Michelle Zhu • 3 min read
Singtel 2Q earnings treble on NetLink divestment gains; declares special dividend of 3 cents/share
SINGAPORE (Nov 9): Singtel has announced earnings of $2.9 billion for the 2Q17 ended Sept, up threefold from $972.3 million in 2Q16 on gains from the divestment of 75.2% of its stake in NetLink Trust in July this year.
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SINGAPORE (Nov 9): Singtel has announced earnings of $2.9 billion for the 2Q17 ended Sept, up threefold from $972.3 million in 2Q16 on gains from the divestment of 75.2% of its stake in NetLink Trust in July this year.


This brings the telco’s earnings for the first half of the year to $3.8 billion, doubling from $1.9 billion in 1H17.

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