SingPost’s net profit falls 17.1% YoY in H1
It was mainly due to one-off gains from divestments.
Singapore Post reported a net profit of $18.4m for the first half of the financial year 2025, reflecting a 17.1% year-on-year decline.
The group said it was mainly due to contributions from the divested Australia business in the prior period, which offset the exceptional gains.
Revenue also declined 27.4% YoY to $188.4m as the Logistics & Letters segment saw revenue fall 33.1% YoY $153.5m.
The Post Office Network segment’s revenue also decreased by 13.9% YoY to $5.7m due to lower revenue from agency services.
However, the Property Assets segment recorded a 3.4% YoY revenue increase to $40.6m driven by higher rental income from SingPost Centre.
The company declared an interim dividend of $0.0008 per ordinary share to be paid on 5 December 2025.
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