Singapore Telecommunications Ltd.
Company Background
Formerly the public telephone authority, Singapore Telecommunications (SingTel) was privatized in 1992, before it listed the shares on the Singapore Exchange in 1993. Temasek Holdings, Singapore's sovereign wealth fund, holds a majority of the shares. The group's chief executive, Chua Sock Koong, joined the company in 1989. She was chief financial officer before taking over as CEO in 2007. Forbes magazine ranked her as one of the world's 100 most powerful women in 2014.
SingTel Group makes most of its money outside Singapore, through major telecommunication affiliates. Not only does it own Optus of Australia, it also partially owns Bharti Airtel of India, Telekomunikasi Selular of Indonesia, Advanced Info Service of Thailand, Globe Telecom of the Philippines and Pacific Bangladesh Telecom of Bangladesh. The company has been making a series of acquisitions in the digital advertisement industry through Amobee, a former Silicon Valley-based ad agency wholly owned by SingTel since 2012.
Business Summary
Financial Highlights
Mar 2022 | SGD | USD |
Revenue | 15,339.10M | 11,373.59M |
Gross Profit | 2,828.70M | 2,097.41M |
Operating income | 887.60M | 658.13M |
Income before tax | 1,096M | 812.65M |
Net income | 1,948.50M | 1,444.76M |
EBITDA | 3,610.10M | 2,676.80M |
Diluted EPS | 0.11 | 0.08 |
Dividends Per Share | 0.09 | 0.06 |
Total Assets | 49,131M | 36,303.24M |
Total liabilities | 22,034.30M | 16,281.30M |
Total equity | 27,080.10M | 20,009.67M |
Operating cash flow | 4,902.80M | 3,635.31M |
Currency in SGD | Currency in USD |
Historical Data
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
Revenue | 17,268M | 17,371.70M | 16,542.30M | 15,644M | 15,339.10M |
Gross Profit | 5,076.80M | 4,717.60M | 3,869.30M | 2,912M | 2,828.70M |
Operating income | 2,540.20M | 2,245M | 1,782.30M | 898.20M | 887.60M |
Income before tax | 4,350.90M | 2,183.20M | 287.10M | -522.90M | 1,096M |
Net income | 5,473M | 3,094.50M | 1,074.60M | 553.70M | 1,948.50M |
EBITDA | 4,791.70M | 4,467.20M | 4,362.60M | 3,583M | 3,610.10M |
Diluted EPS | 0.33 | 0.18 | 0.06 | 0.03 | 0.11 |
Dividends Per Share | 0.20 | 0.17 | 0.12 | 0.07 | 0.09 |
Total Assets | 48,495.50M | 48,914.80M | 48,954.90M | 47,998.40M | 49,131M |
Total liabilities | 18,784M | 19,105.10M | 22,140.90M | 21,487M | 22,034.30M |
Total equity | 29,714.70M | 29,837.80M | 26,789.20M | 26,485.80M | 27,080.10M |
Operating cash flow | 5,593.50M | 4,989.80M | 5,508.50M | 5,231.70M | 4,902.80M |
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
Revenue | 12,729.14M | 12,791.29M | 12,057.99M | 11,449.92M | 11,373.59M |
Gross Profit | 3,742.37M | 3,473.70M | 2,820.40M | 2,131.30M | 2,097.41M |
Operating income | 1,872.51M | 1,653.05M | 1,299.15M | 657.39M | 658.13M |
Income before tax | 3,207.27M | 1,607.55M | 209.27M | -382.71M | 812.65M |
Net income | 4,034.43M | 2,278.57M | 783.29M | 405.25M | 1,444.76M |
EBITDA | 3,532.21M | 3,289.33M | 3,179.98M | 2,622.41M | 2,676.80M |
Diluted EPS | 0.24 | 0.13 | 0.04 | 0.02 | 0.08 |
Dividends Per Share | 0.15 | 0.12 | 0.08 | 0.05 | 0.06 |
Total Assets | 36,982.59M | 36,112.80M | 34,382.06M | 35,723.72M | 36,303.24M |
Total liabilities | 14,324.65M | 14,104.90M | 15,550.02M | 15,992.11M | 16,281.30M |
Total equity | 22,660.38M | 22,028.64M | 18,814.62M | 19,712.56M | 20,009.67M |
Operating cash flow | 4,123.25M | 3,674.13M | 4,015.25M | 3,829.10M | 3,635.31M |
Valuation Measures
Mar 2022 | |
PER | 22.37 |
ROA | 4.01% |
ROE | 7.27% |
Operating margin | 5.78% |
Profit margin | 12.70% |
Key executives
- Group Chief Executive Officer & Executive Director: Kuan Moon Yuen
- Group Chief Financial Officer: Tao Yih Lang
- Group Chief Technology Officer: Chin Kok Chong
- Group Chief Information & Digital Officer: William Siew Wing Woo
- Head-Carrier Sales & Voice Support: Kian Soon Lim
Shareholders
- Temasek Holdings Pte Ltd. (Investment Company) (52.5%)
- Central Provident Fund (4.7%)
- Capital Research & Management Co. (Global Investors) (1.3%)
- The Vanguard Group, Inc. (1.1%)
- Emirates Investments Group LLC (1.1%)
- Capital Research & Management Co. (World Investors) (1.0%)
- BlackRock Fund Advisors (0.9%)
- Norges Bank Investment Management (0.7%)
- APG Asset Management NV (0.6%)
- Capital International Ltd. (0.6%)
Contact Details
- Website:http://www.singtel.com
- Address: 31 Exeter Road, Comcentre, Singapore, 239732, Singapore
- Phone: +65.6838.3388
Related Companies
- Australia Tower Network Pty Ltd.
- Group Enterprise Pte Ltd.
- Consumer Journeys Pte Ltd.
- Singapore Telecom Hong Kong Ltd.
- STI Solutions (Shanghai) Co., Ltd.
- Trustwave SecureConnect, Inc.
- Global Enterprise International Malaysia Sdn. Bhd.
- Amobee Ltd.
- Optus ADSL Pty Ltd.
- Optus Content Pty Ltd.
- Optus Wholesale Pty Ltd.
- HOOQ Digital (Thailand) Co. Ltd.
- SingCash Pte Ltd.
- Singtel Cyber Security (Singapore) Pte Ltd.
- Singtel Australia Investment Ltd.
- Amobee Asia Pte Ltd.
- Integrated Digital Mall Pte Ltd.
- HOOQ Holdings Pte Ltd.
- SingTel Singapore Pte Ltd.
- SingTel ICT Pte Ltd.
- SingTel Mobile Singapore Pte Ltd.
- Optus Cyber Security Pty Ltd.
- GB21 (Hong Kong) Ltd.
- DSpark Pty Ltd.
- NCS Information Technology (Suzhou) Co., Ltd.
- NCSI (Australia) Pty Ltd.
- NCSI (Chengdu) Co., Ltd.
- NCSI (HK) Ltd.
- NCSI (Malaysia) Sdn. Bhd.
- NCSI (Philippines), Inc.
Competitors
- TPG Telecom Limited
- APT Satellite Holdings Limited
- Qualys, Inc.
Copyright © 2023 FactSet Research Systems Inc. All rights reserved.
Last Updated on 24 Mar, 2023Discover the all new Nikkei Asia app

- Take your reading anywhere with offline reading functions
- Never miss a story with breaking news alerts
- Customize your reading experience
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.