{"id":13249,"date":"2023-08-20T23:41:54","date_gmt":"2023-08-20T23:41:54","guid":{"rendered":"https:\/\/isafespend.com\/investing\/singapore-telecommunications-first-quarter-profit-falls-23\/"},"modified":"2023-08-20T23:41:54","modified_gmt":"2023-08-20T23:41:54","slug":"singapore-telecommunications-first-quarter-profit-falls-23","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=13249","title":{"rendered":"Singapore Telecommunications’ first-quarter profit falls 23%"},"content":{"rendered":"
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\u00a9 Reuters. FILE PHOTO A man looks out of the window under a Singtel signage at their head office in Singapore February 12, 2015. REUTERS\/Edgar Su\/File Photo <\/span>
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(Reuters) – Singapore Telecommunications on Monday reported a 23% decline in its first-quarter net profit owing to a one-off loss incurred by Airtel as the Nigerian naira depreciated sharply against the U.S. dollar.<\/p>\n

Southeast Asia’s largest telecom firm said net profit for the quarter ended June 30 was S$483 million ($355.91 million), compared with S$628 million a year earlier.<\/p>\n

($1 = 1.3571 Singapore dollars) <\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. FILE PHOTO A man looks out of the window under a Singtel signage at their head office in Singapore February 12, 2015. REUTERS\/Edgar Su\/File Photo (Reuters) – Singapore Telecommunications on Monday reported a 23% decline in its first-quarter net profit owing to a one-off loss incurred by Airtel as the Nigerian naira depreciated<\/p>\n","protected":false},"author":1,"featured_media":12692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[32],"class_list":{"0":"post-13249","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing","8":"tag-featured"},"yoast_head":"\nSingapore Telecommunications' first-quarter profit falls 23% | iSafeSpend<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. FILE PHOTO A man looks out of the window under a Singtel signage at their head office in Singapore February 12, 2015. 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