Singapore Telecommunications Limited (SGX: Z74), or Singtel for short, is the fourth largest component of Singapore’s stock market benchmark, the Straits Times Index (STI), just behind the three local banks. Before the stock market opened on 12 November, Singtel announced its financial results for its half-year ended 30 September 2020 (1HFY21). The telco said that its performance was weighed down largely by structural challenges in its Australia consumer business and the coronavirus pandemic. Let’s find out more right here! Singtel’s Revenue and Regional Associate Performance For the latest period, Singtel faced challenging market conditions as the movement restrictions and steep economic slowdown amid the pandemic hit both consumer and business demand. Singtel posted revenue of S$7.4 billion during the latest period, down 10% from S$8.3 billion seen a year ago. The lower revenue was due to lower equipment sales, roaming and prepaid mobile, but partially offset by growth in its infocomm technology business....