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SingTel profit halves

5 Aug 2004

Singapore Telecommunications (SingTel) has reported a fall in net profit for the first half of 2004 to SGD696 million (USD404.2 million), compared to SGD1.2 billion in the year-earlier quarter. The company attributed the drop to one-off divestment gains in the 2003 quarter.

Singapore, Singtel Group

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