Singtel Raises Profit Outlook by 10%

Singapore Telecommunications raised its fiscal 2027 earnings forecast to mid- to high-single-digit growth on Friday, Nov 13, after underlying net profit rose 10% to S$1.49 billion for the first half. The operator declared an interim dividend of nine Singapore cents per share, up from 8.2 cents last year, following a 2% drop in Optus revenue.