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Singtel's 1HFY2023 earnings up 23% y-o-y, to pay interim and special dividend of 9.6 cents

Samantha Chiew
Samantha Chiew • 2 min read
Singtel's 1HFY2023 earnings up 23% y-o-y, to pay interim and special dividend of 9.6 cents
The telco plans to give out an interim dividend of 4.6 cents, plus a special dividend of 5 cents over two tranches. Photo: SingTel
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Singtel has reported earnings of $1.17 billion for its 1HFY2023 ended Sept 30, up 23% y-o-y, as it booked gains from the recent divestment of a 3.3% stake in Bharti, its associate in India.

Excluding such one offs, the telco’s underlying earnings would be up by just 2% y-o-y.

Operating revenue in the same period was down 5% to $7.26 billion because of unfavourable currency movements.

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