Singtel’s H1 net profit drops 42% YoY to $1.23b

The absence of Telkomsel share gains drove the decline.

Singapore Telecommunications (Singtel) ended H1 FY 2025 with a 42% YoY lower net profit of $1.23b.

Singtel attributed its lower net profit to the absence of the $1.2b gain from the issuance of Telkomsel shares in H1 FY2024.

Excluding its associates, Singtel's net profit would increase by 6% YoY to $1.19b.

With higher underlying net profit, the company reported an interim dividend per share of $0.070, up 35% YoY.

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