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Singtel CEO's Pay Rises Over 16% to $8.2m as Net Profit Jumps 400%

The Straits Times

|

July 01, 2025

Telco says he is instrumental in leading one of its most ambitious transformations

- Sue-Ann Tan

Singtel CEO's Pay Rises Over 16% to $8.2m as Net Profit Jumps 400%

Singtel chief executive officer Yuen Kuan Moon received a total remuneration of $8.2 million for the 2025 financial year ended March 31, an increase of more than 16 per cent from his pay of $7 million in the 2024 financial year.

This was a result of the group's strong performance over FY2025, said the telco's annual report out on June 30.

Singtel saw its net profit jump more than 400 per cent to $4.02 billion, up from $795 million a year ago. This was boosted by a one-time exceptional gain of $1.3 billion from the partial divestment of the group's Comcentre headquarters. Singtel had partnered Lendlease to redevelop the property, a project that was announced in 2022.

Underlying net profit increased by 9 per cent to $2.47 billion, underpinned by growth in the group's businesses and regional associates.

Singtel said it will pay a total ordinary dividend of 17 cents for FY2025, a 13 per cent increase over the 15 cents the year before.

This marks a strong start to the Singtel28 plan, Singtel said. The plan, led by Mr Yuen in 2024, is designed to lift business performance and capitalise on growth trends to deliver sustained value for shareholders.

Mr Yuen's remuneration consisted of $1.3 million in salary, $77,808 in benefits and a cash bonus of $2.2 million. He also received a restricted share award of $2.2 million and performance share award of $2.4 million.

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