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Home / Capital / Brokers Calls

Pick up the call on Singtel

Broker's Calls

Pick up the call on Singtel

Samantha Chiew Published on Fri, May 29, 2020 / 2:43 PM GMT+8

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SINGAPORE (May 29): Analysts are remaining positive on Singapore Telecommunications (Singtel) despite the company’s results announcement yesterday, which recorded its lowest final year earnings since 1993 and a slash in dividends.

Singtel announced a 26% fall in 4Q20 earnings to $574 million from $772 million a year ago, on the back of a net exceptional charge of $302 million from Bharti Airtel’s provision for the spectrum charge.

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