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Singapore Telecommunications Limited’s (ASX:SGT) has reported a 4.3 per cent lift in its full year net profit and forecast growth ahead.
The telco’s net profit came in at $3.2 billion in the same period its underlying profit dropped 3.3 per cent to $2.9 billion.
Over the year SingTel’s Australia arm Optus’ net profit rose 2 per cent to $787 million with revenue and EBITA both reporting 1 per cent growth.
It hass been a busy month for Optus who last week unveiled a $37 million restructure.
Optus also last week struck an infrastructure sharing deal with Vodaphone in a bid to save the telco more than $100 million in capital expenses.
A final ordinary dividend of 9 Singapore cents per share has been declared.
