- Singtel reports S$1.23 billion net profit for H1 FY2025.
- Revenue slightly decreases by 0.5% to S$6.992 billion.
- EBITDA shows 9.0% growth to S$1.947 billion.
The company’s latest financial report reveals a mixed bag of results, with some areas showing growth while others face challenges.
Singtel’s Financial Performance
In a press release, the company shared its financial results for the first half (H1) of the 2025 financial year.
It reported a net profit of S$1.23B for this period.
The results cover the time from April to September 2024.
The company’s revenue for H1 FY 2025 is S$6.992 billion.
This is a small drop of 0.5% compared to H1 FY2024’s S$7.028 billion.
Financial Highlights
Its EBITDA for first half of FY2025 is S$1.947 billion.
This shows a 9.0% increase from S$1.787 billion in H1 FY2024.
The company’s underlying net-profit, which doesn’t include special items, is S$1.190 billion.
This is up 6.1% from S$1.121 billion last year.
Financial Metric | H1 FY25 | H1 FY24 | Change |
---|---|---|---|
Revenue | S$6.992 billion | S$7.028 billion | -0.5% |
EBITDA | S$1.947 billion | S$1.787 billion | +9.0% |
Underlying NetProfit | S$1.190 billion | S$1.121 billion | +6.1% |
Exceptional Items and Their Impact
Singtel reported S$42 million in special items after tax for first half of FY2025.
This is a big drop of 95.9% from S$1.015 billion in 1st half of FY2024.
These special items greatly affected the overall net-profit.
The total net-profit fell by 42.4% from S$2.136 billion in H1 FY2024.
Cash Flow and Funding
It’s free cash flow for the period is S$1.299 billion.
This is an increase of 9.3% from S$1.189 billion in H1 FY2024.
According to the company, “S$0.7 billion will be funded by external capital partners and advance satellite receipts from customers.”
Regional Performance
Earnings from its regional partners dropped slightly.
The post-tax earnings decreased by 3.9%, from S$850 million to S$817 million.
Future Plans and Investments
The company mentioned plans for its Comcentre headquarters site.
They will make payments for land improvement and upgrading.
It also plans to invest more in Singtel Somerset Pte. Ltd.
This company owns the Comcentre headquarters site.
Do you think Singtel’s financial performance shows a strong position in the telecom market despite some challenges?