SingPost

Singapore Post (SingPost) is a postal service provider, which has been delivering trusted and reliable services to homes and businesses in Singapore.
See below for the Latest SingPost News, Analysis, Profit Results, Share Price Information, and Commentary. 

Singapore launches last-mile parcel delivery standards

The new standards aim to improve the areas of packaging and labelling, amongst others.

Singapore launches last-mile parcel delivery standards

The new standards aim to improve the areas of packaging and labelling, amongst others.

SingPost operational profit plunges by 46.7%

The group’s total revenue went up by 34.7% because of other business segments.

SingPost consulting advisors to defend itself in arbitration case

This after the accuser recently filed his statement of claim in the case.

Higher air freight rates to drag Singapore Post’s profits

FY22-24 PATMI estimates for SPOST were lowered by 5%-7%.

ADA buys SingPost unit in APAC expansion

The company currently operates in Malaysia, Singapore, and 8 other markets in the region. 

SingPost Group's full-year net profit soars 74.5% to $83.1m 

A final dividend of $0.013 per ordinary share was proposed following the increase.

SingPost Group issues $100m fixed rate notes due in 2027

The notes were issued denominations of S$250,000 each. 

SingPost’s operating profit rises 46% YoY to $38m

The increase was driven by higher profit in domestic post and parcel.

International postage costs drag SingPost's domestic e-commerce gains

E-commerce-related activities accounted for 55% of total revenue.

SingPost operating profit up 28.4% to $51.1m for H1 FY21/22

Its net profit also echoed this performance with a 13.3% growth.

SingPost acquires new subsidiary in Australian freight company

SingPost is set to have a 51% stake in Freight Management Holdings.

Singpost to adopt cashless payment for GST and duties on overseas items

The company will no longer collect cash-on-delivery of GST liable items.

SingPost to appoint Vincent Phang as CEO

The announcement is to take effect on 1 September. 

SingPost EBIT slips by 2% to $21m

Its international post and parcel business continue to be affected by disruptions caused by COVID-19.

SingPost Q1 profits plummeted 40.4% to $18.72m

Its post & parcel and e-commerce segments performed poorly.