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SingPost H1 profit surges 183.7% to $55.9 million on property sale

First reported by The Business Times Latest report 2 sources

Summary of 2 reports

Singapore Post's first-half profit jumped 183.7% to S$55.9 million, driven by a sale and leaseback transaction of HDB shophouses. Revenue declined 1.3% to S$185.9 million, primarily due to falling international mail volumes.

Generated by AI using only the headlines and excerpts below. Read the original reporting for full details.

Read at The Straits Times(opens in a new tab)

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Every report we found on this story, oldest first. Each links to the original publisher.

  1. The Business Times

    SingPost H1 profit up 183.7% at S$55.9 million on sale and leaseback of HDB shophouses (opens The Business Times in a new tab)

    Revenue slips 1.3 per cent to S$185.9 million, mainly due to declining international mail volumes

  2. The Straits Times

    SingPost H1 profit up 183.7% at $55.9 million on sale and leaseback of HDB shophouses (opens The Straits Times in a new tab)

    Revenue slipped 1.3% to $185.9 million, mainly due to declining international mail volumes.

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