India, May 21 -- Singapore Telecommunications Ltd., or Singtel Group (Z74.SI,SGAPY,Z77.SI) reported Thursday higher profit in fiscal 2026, mainly benefited by a gain from stake sale, amid slightly higher revenues. Further, the company lifted annual dividend.
Looking ahead, the company said it is taking a more cautious near-term outlook, with EBIT growth expected to be between low and mid-single digits due to the Middle East uncertainty.
Total capital expenditure is projected to be around S$3.0 billion. Core capital expenditure is expected to remain stable at around S$1.8 billion. An additional S$1.2 billion will primarily be invested in data centres.
In Singapore, the shares were trading at S$4.7500, down 5.4 percent.
In the full year, ...