SINGAPORE -- Singapore Telecommunications doubled its net profit to more than $700 million in the sixth months through September, as its India unit turned around earlier losses.
Singtel, the largest telecom operator in Southeast Asia by market capitalization, said its regional associates showed "resilient performance" despite intense competition and a resurgence of COVID-19 in their respective markets. Its net profit for the half came in at 954 million Singapore dollars, compared with SG$466.1 million a year ago.
