SingTel, Southeast Asia's largest telecom company, said its underlying net profit in Q3 was S$559 million ($416.45 million), same as last year.
"Our underlying financial results in the third quarter were stable despite a tough macroeconomic environment and persistent currency headwinds," CEO Yuen Kuan Moon said.
Profit was driven mainly by the firm's Australian telecom business Optus and information technology unit National Computer Systems (NCS).
SingTel Singapore, which offers mobile, TV and digital services, operated in a challenging environment amid weak corporate and consumer spending, the company said, pushing the unit's EBITDA lower by 4.9% to S$372 million.
"SingTel Singapore continues to face business pressures and scaling our Nxera regional data centre business has required investment costs," said Yuen.