Case Study: 
No

Its underlying net profit dipped 21% as its Airtel business continued to incur losses.

Singtel’s full-year profit declined 43.5% to $3.1b from $5.47b in 2018, no thanks to lower contributions from associates and losses from Airtel.

Operating revenue for the full year was up 4% to $17.37b, boosted by growth in ICT, digital services and higher equipment sales from mobile connections across Singapore and Australia.

read more