finance
Singtel Reports Limited Middle East Exposure and Cautious Outlook
Singtel stated that it has no operations in the Middle East and therefore limited direct exposure to the region's current situation. The company also projected low to mid-single digit EBIT growth for the fiscal year and capital expenditure of about S$3.0 billion.
May 20, 7:51 PM·1m read1 source
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Singtel stated that it has no operations in the Middle East and therefore limited direct exposure to the region's current situation. The company said it is taking a more cautious near-term outlook because of its diversified geographic and business profile.
Singtel expects fiscal year EBIT growth of between low and mid-single digits due to Middle East uncertainty. 0 billion. The statements were issued in a company update on its regional exposure and financial guidance.
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