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(Reuters) – Singapore Telecommunications on Thursday posted a 14% jump in full-year net profit, as its core businesses benefited from a recovery in international travel and roaming as well as rising 5G adoption.
Southeast Asia’s largest telecom firm said net profit for the year ended March was S$2.23 billion ($1.68 billion), compared with S$1.95 billion a year ago. Analysts were expecting S$2.26 billion, according to Refinitiv.
($1 = 1.3245 Singapore dollars)
(Reporting by Echha Jain in Bengaluru; Editing by Devika Syamnath)