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Singapore Market Roundup (06-Feb-2025): Singtel poised for strong ebit growth in FY2025 - CGSI
SUMMARY
- Singtel's FY2025 ebit growth guidance may rise to mid-to-high teens from successful cost cuts, according to CGSI.
- IG predicts OCBC will reach $19 and UOB will hit $39.90 in share price.
- SGX reports record revenue and profit in first half, with 1HFY2025 adjusted net profit up 27.3% and increased revenue across all segments. CEO Loh addresses succession concerns.
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- Singapore Market Roundup (06-Feb-2025): Singtel poised for strong ebit growth in FY2025 - CGSI06 Feb 2025
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