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An update from Tuas Ltd. ( (AU:TUA) ) is now available.
Tuas Limited reported a strong fiscal year 2025, with its Singapore-based mobile business, Simba, gaining more subscribers and boosting revenue and earnings. The company is also progressing in its broadband services. A major development for Tuas is the agreement to acquire M1 Limited, the third-largest mobile service provider in Singapore, excluding its ICT businesses. This acquisition, pending regulatory approval, is expected to significantly enhance Tuas’s market position in Singapore.
The most recent analyst rating on (AU:TUA) stock is a Hold with a A$6.50 price target. To see the full list of analyst forecasts on Tuas Ltd. stock, see the AU:TUA Stock Forecast page.
More about Tuas Ltd.
Tuas Limited operates in the telecommunications industry, focusing on mobile and broadband services. The company has a significant presence in Singapore through its mobile business, Simba, and is expanding its broadband services.
Average Trading Volume: 1,635,846
Technical Sentiment Signal: Buy
Current Market Cap: A$3.55B
See more data about TUA stock on TipRanks’ Stock Analysis page.