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Singtel's 3QFY2025 earnings up 183.4% y-o-y driven by exceptional gains plus operational improvements

The Edge Singapore
The Edge Singapore  • 2 min read
Singtel's 3QFY2025 earnings up 183.4% y-o-y driven by exceptional gains plus operational improvements
The telco's underlying net profit was up 22% y-o-y to $680 million. Photo: Bloomberg
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Singapore Telecommunications (Singtel) has reported earnings of $1.3 billion for its 3QFY2025 ended Dec 31, 2024, a surge of 183.4% y-o-y, led largely by exceptional gains from partial divestment of stakes in regional associates. 

In contrast, there was an exceptional loss in the year-earlier quarter — as the telco provided for costs following a network outage in Australia.

In total, the telco booked post-tax exceptional gains of $639 million for its three months ended Dec 31, 2024, versus a corresponding exceptional loss of $94 million in the year-earlier quarter.

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