(August 16 11:47) Sbr.com.sg
Submitted By:
Luz Wendy Noble
Case Study:
No
But it could face risks if its leverage metrics sustain weakness.
Singtel could sustain its stability as its Singapore and Australia operations fared well despite tight competition, Moody’s Investors service said. The firm’s outlook could also be bolstered by continued stable leverage and good liquidity.
Moreover, Moody’s thinks that Singtel's fundamental credit strength could be uplifted if overall profitability improves, paired with an absolute reduction in borrowings.
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