#postal-logistics

Behind SingPost’s S$245.1M Profit: 40.3% Net Profit Decline Revealed

SingPost's headline profit of S$245.1 million masks a sharp 40.3% collapse in underlying operating profit, driven by a one-time Australia business sale gain rather than strong core business performance.

SingPost 2024 First Half Net Profit Up 66% to S$22.2M!

SingPost's first-half net profit surged 66% to S$22.2 million, driven by strong growth in Australia and Singapore operations.