Latest News of GTE
SingTel sees improved full-year growth as half-year profit rises
By John Biju and Rajasik Mukherjee(Reuters) -Singapore Telecommunications posted a 6% rise in underlying net profit for the half-year and gave improved guidance for the full year on Wednesday, underp...
Singtel Posts First-Half Profit Drop on Absence of Divestment Gain
Singtel's six-month profit dropped due to the absence of a one-off gain, but underlying profit increased supported by regional associates and Australian business. Net profit was 1.23 billion Singapore...
Cloud banking platform nCino to buy UK regtech FullCircl
nCino, a cloud banking platform provider, has acquired UK-based FullCircl, a customer lifecycle intelligence platform, in a $135m deal. The acquisition aims to enhance data capabilities and expand cli...
-
Western Union to acquire Dash e-wallet from Singtel
By Yahoo! Finance | 2 weeks agoSingtel has agreed to sell its mobile wallet Dash to Western Union, ensuring continued service for its 1.4 million users. The move aligns with Singtel's strategy to focus on core operations, while Wes...
-
Singtel and Hitachi to Develop AI-Driven Data Center, Cloud Services in Japan
By MarketWatch | 2 months agoSingtel and Hitachi are partnering to meet the growing demand for AI and cloud services in Japan by developing data centers across Asia-Pacific. The collaboration aims to enhance next-gen data centers...
-
SingTel's profit rises on exceptional gain from stake reduction in India's Airtel
By Reuters | 2 months agoBy Shivangi Lahiri and Adwitiya Srivastava(Reuters) -Singapore Telecommunications' first-quarter earnings climbed, mainly buoyed by a net exceptional gain from diluting its stake in Indian telecom pr...
-
Should You Invest in Gates Industrial Corporation plc (GTES)?
By Yahoo! Finance | 3 months agoThe London Company Small Cap Strategy investor letter for Q2 2024 discusses the performance of Gates Industrial Corporation plc (NYSE:GTES), a company focused on power transmission solutions. Despite ...
-
Returns On Capital Are Showing Encouraging Signs At Gates Industrial (NYSE:GTES)
By Yahoo! Finance | 3 months agoTo identify potential multi-bagger investments, look for companies with increasing capital investment and improving returns. Gates Industrial (NYSE:GTES) has shown a 17% ROCE, outperforming its indust...
-
Singtel's Nxera and TM break ground on new data centre in Malaysia
By Yahoo! Finance | 3 months agoSingtel's Digital InfraCo, Nxera, in collaboration with Telekom Malaysia, has started constructing a new data centre campus in Iskandar Puteri, Johor, Malaysia, to boost the region's digital hub statu...
-
Here's Why Gates Industrial (NYSE:GTES) Has Caught The Eye Of Investors
By Yahoo! Finance | 3 months agoInvesting in companies with a solid track record of revenue and profit is crucial for long-term success. Gates Industrial (NYSE: GTES) is a promising choice with consistent EPS growth and substantial ...
-
Is Gates Industrial Corporation plc's (NYSE:GTES) Recent Price Movement Underpinned By Its Weak Fundamentals?
By Yahoo! Finance | 4 months agoDespite Gates Industrial's recent share price decline, its Return on Equity (ROE) of 7.8% is lower than the industry average of 14%. The company's low ROE and declining earnings suggest poor reinvestm...
-
Singtel falls up to 3% after $2.3 billion impairment
By Reuters | 6 months ago(Reuters) -Shares of Singapore Telecommunications (Singtel) fell as much as 3.3% on Monday to a more than one-week low after it forecast non-cash impairment provisions of S$3.1 billion ($2.28 billion)...
-
Singtel sees $2.3 billion impairment hit, net loss in 2024 second-half
By Reuters | 6 months ago(Reuters) -Singapore Telecommunications on Monday forecast non-cash impairment provisions of S$3.1 billion ($2.28 billion) for second-half of 2024 which would lead to the telecom giant reporting a net...
-
Singtel expects to report loss for 2024 second-half; flags $2.3 billion impairment
By Reuters | 6 months ago(Reuters) - Singapore Telecommunications said on Monday it expects to report a net loss for second-half of fiscal year 2024, as it flagged exceptional non-cash impairment provisions of S$3.1 billi...
-
Singtel shares fall more than 1% after Optus stake sale reports
By Reuters | 8 months agoBy Scott Murdoch and Rae WeeSYDNEY/SINGAPORE (Reuters) - Singapore Telecommunications (Singtel) shares fell more than 1% on Thursday in early trade after reports it was in advanced negotiations to...