Singapore Telecommunications, Southeast Asia’s largest telecom firm, saw a 9% profit increase. This was driven by Optus and Airtel’s strong performance. A S$2 billion share buyback is planned over three years. Underlying net profit reached S$2.47 billion. The company surpassed half of its S$6 billion mid-term asset recycling target and raised the goal to S$9 billion.
Pankaj Tibrewal sees stronger top-line growth driving India’s next earnings cycle
Indian companies are poised to navigate input cost pressures and sustain growth, with the upcoming earnings season expected to be the next market trigger. Experts