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Singtel sees $2.3 billion impairment hit, net loss in 2024 second-half

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Singtel sees $2.3 billion impairment hit, net loss in 2024 second-half


Singapore Telecommunications on Monday forecast non-cash impairment provisions of S$3.1 billion ($2.28 billion) for second-half of 2024 which would lead to the telecom giant reporting a net loss for the period. The company also warned that it would report a lower net profit for the full-year ended…

#optus #singtel #southeastasia #asiapacific #s280million #ncsaustralia #singapore #tpgtelecom

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