According to Singtel, underlying net profit would have risen 21%, excluding foreign currency impact and Intouch, whose contributions ceased after its amalgamation with Gulf Energy Development.
Singtel has reported earnings of $5.61 billion, up 40% y-o-y, thanks to to exceptional gains of $2.84 billion and also operating improvements.
Underlying net profit, which excludes one-offs, was up 12% to $2.77 billion, driven mainly by regional associates Airtel and AIS and operating companies NCS, Digital InfraCo and Optus.
