SINGAPORE - Singapore Telecommunications posted a 25.7 per cent drop in net profit to $574.4 million for its fourth quarter ended March 31, 2020 from $773 million a year ago.
Singtel's board has proposed a final ordinary dividend of 5.45 cents per share, almost halved from 10.7 cents per share a year ago. This will bring the total dividend per share for the year to 12.25 Singapore cents, from 17.5 cents a year earlier.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singtel Q4 profit falls 25.7% to S$574mSINGAPORE Telecommunications (Singtel) posted a 25.7 per cent drop in net profit to S$574.4 million for its fourth quarter ended March 31, 2020 from S$773 million a year ago. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Dividends from Singapore companies to fall 4.5% this year on Covid-19 impact: IHS MarkitSINGAPORE (THE BUSINESS TIMES) - Singapore companies are expected to deliver US$14.2 billion i(S$20.2 billion) n dividends in 2020, down 4.5 per cent from US$14.8 billion a year ago.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Online sales surge helps Ralph Lauren recover in ChinaRalph Lauren Corp reported a 15.4per cent fall in quarterly revenue on Wednesday after its outlets and department stores across the world were ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Moderna rally loses steam over COVID-19 vaccine worriesShares of biotechs racing to make coronavirus vaccines, including Moderna Inc , fell about 10per cent on Wednesday, as investor concerns grew ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Japan's Marvelous shares jump 17per cent as China's Tencent takes 20per cent stakeShares in Japanese games maker Marvelous Inc were untraded with a glut of buy orders on Tuesday and looked set to close up at the daily trading ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Parent of Singtel associate Bharti Airtel seeks $1.4b from share placementMUMBAI (BLOOMBERG) - The parent of Bharti Airtel Ltd, a Singtel associate, is seeking about US$1 billion (S$1.42 billion) by selling a stake in the Indian mobile carrier after its share price hit a record on signs the years-long price war is about to end.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »