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BRIEF-Singapore Telecommunications Posts Q2 Net Loss Of S$668 Mln

Reuters SG
Updated

Nov 14 (Reuters) - Singapore Telecommunications Ltd :

* POSTS Q2 NET LOSS OF S$668 MILLION DUE TO AIRTEL'S EXCEPTIONAL ITEM

* Q2 OPERATING REVENUE WAS S$4.15 BILLION

* Q2 UNDERLYING NET PROFIT ROSE 3% TO S$737 MILLION

* PROPORTIONATE SHARE OF AIRTEL'S EXCEPTIONAL PROVISION THIS QUARTER IS ABOUT S$1.93 BILLION PRE TAX

* SEES FULL YEAR CONSOLIDATED REVENUE, EBITDA FOR THE GROUP TO BE STABLE

* SEES CAPEX FOR FY AT ABOUT S$2.1 BILLION

* SEES DIVIDEND FROM REGIONAL ASSOCIATES TO BE AROUND S$1.2 BILLION FOR FULL YEAR Source text for Eikon: Further company coverage: