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ANALYSTS have raised their target prices on Singtel after it put out guidance for higher dividends as a result of asset-recycling initiatives.
A $1.47b exceptional loss dragged Singtel's 1Q24 net profit down 64% YoY to $795m.
Singtel unveiled a new growth plan after reporting a SGD1.3 billion loss in its fiscal H1 (ending 31 March).
Inefficiencies from having two parallel business units should be eliminated after their merger, says CEO. Read more at straitstimes.com.
Maurice Riley, Jennifer Greatrex, Matt Thomas, Mattie Mould, Genie Guranani, Guy Futcher, Marty O’Halloran, Alex Bruce-Smith.