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Singtel's Attributable Profit Drops in Fiscal H2; Shares Down 4%

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Singtel's (SGX:Z74) attributable profit to shareholders fell during the fiscal second half ended March 31 to SG$2.20 billion from SG$2.79 billion a year earlier, according to a Thursday filing with the Singapore Exchange.

Earnings per share came in at SG$0.1319 compared with SG$0.1656 in the year-ago period.

Operating revenue rose year over year to SG$7.35 billion from SG$7.15 billion.

The directors proposed a final dividend of SG$0.103 per share for the year ended March 31, taking the total dividend to SG$0.134 per share.

Shares of the telecommunications services provider were down nearly 4% in Thursday trading.

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