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Singtel Reports Strong First-Quarter Results with Strategic Gains

Story Highlights
  • Singtel’s underlying net profit rose 14% due to strong contributions from Optus and NCS.
  • Singtel achieved S$2.20 billion in exceptional gains, boosting net profit to S$2.88 billion.
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Singtel Reports Strong First-Quarter Results with Strategic Gains

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Singtel ( (SG:Z74) ) just unveiled an update.

Singtel’s first-quarter results for 2025 show a robust financial performance, with a 14% increase in underlying net profit, driven by strong contributions from Optus and NCS, as well as regional associates Airtel and AIS. The company also reported exceptional gains of S$2.20 billion from strategic divestments, leading to a net profit of S$2.88 billion, despite currency depreciation challenges. This performance highlights Singtel’s solid operational momentum and strategic positioning in the telecommunications sector.

The most recent analyst rating on (SG:Z74) stock is a Buy with a S$4.30 price target. To see the full list of analyst forecasts on Singtel stock, see the SG:Z74 Stock Forecast page.

More about Singtel

Singtel, or Singapore Telecommunications Ltd, operates within the telecommunications industry, providing a range of services including mobile, broadband, and digital solutions. The company has a significant market presence in Asia and Australia, with key subsidiaries such as Optus in Australia and NCS, a leading IT services provider.

Average Trading Volume: 22,864,274

Technical Sentiment Signal: Buy

Current Market Cap: S$64.86B

For an in-depth examination of Z74 stock, go to TipRanks’ Overview page.

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