{
  "id": 19741800,
  "title": "Singtel H1 net profit falls 55% to S$1.54 billion on lack of divestment gains; underlying profit up 10%",
  "url": "https://urgent.news/2026/11/13/singtel-h1-net-profit-falls-55-to-s-1-54-billion-on-lack-of-19741800",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T01:10:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/singtel-h1-net-profit-falls-55-to-s1-54-billion-on-lack-of-divestment-gains-underlying-profit-up-10"
  },
  "original_language": "en",
  "account": "SINGAPORE – The telecommunications giant Singtel reported a sharp 55% decline in net profit for the first half of its fiscal year ended September, totaling $1.54 billion. This drop was primarily attributed to the absence of $2.21 billion in exceptional gains from the partial sale of its stake in Airtel and the Intouch-Gulf Energy merger, compared to the previous year's $3.4 billion. However, excluding these exceptional items, underlying net profit rose by 10% to S$1.49 billion. Operating revenue increased by 6% to $7.29 billion, with constant currency terms showing a 1.4% growth and underlying net profit at 16%. The board approved an interim dividend of $0.09 per share, a 10% increase from the $0.082 per share paid last year. Singtel's group CEO, Yuen Kuan Moon, noted that the positive operating performance was driven by double-digit Ebit growth at NCS, Digital InfraCo, and Optus, and robust contributions from regional partners Airtel and AIS. He announced raising the full-year OpCo Ebit growth guidance to mid to high single digits, highlighting the company's improved performance momentum.",
  "summary": "Revenue rises 6% as group raises full-year operating earnings guidance.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Singtel H1 net profit falls 55% to S$1.54 billion on lack of divestment gains; underlying profit up 10%",
        "url": "https://urgent.news/2026/11/13/singtel-h1-net-profit-falls-55-to-s-1-54-billion-on-lack-of",
        "published": "2026-11-13T00:11:19.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Singtel's interim underlying profit jumps 10pct; raises annual earnings forecast",
        "url": "https://urgent.news/2026/11/13/singtels-interim-underlying-profit-jumps-10pct-raises-annual-earnings",
        "published": "2026-11-13T00:33:31.000Z"
      },
      {
        "outlet": "Tech in Asia",
        "title": "Singtel raises outlook as underlying profit rises 10%",
        "url": "https://urgent.news/2026/11/13/singtel-raises-outlook-as-underlying-profit-rises-10",
        "published": "2026-11-13T01:04:45.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}