Singtel: FY16 results within expectations
- Net profit improved 0.8% y/y while revenue eased 1.5% to $16.9b
- EBITDA margin improved, as well as regional mobile associates' contribution
- Final dividend of $0.107/share, bringing the total payout to S$0.175 for FY16.
- OCBC keeps BUY but place its TP of $3.96 under review.
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