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.
SingPost bags eCommerce award for its POPDrop kiosk
The Smart Posting Box is a future-ready way of sending eCommerce tracked packages, powered by Radio Frequency Identification (RFID) technology.
SingPost bags eCommerce award for its POPDrop kiosk
The Smart Posting Box is a future-ready way of sending eCommerce tracked packages, powered by Radio Frequency Identification (RFID) technology.
SingPost’s global segment to benefit from lower air costs: analyst
This could be a silver lining as the firm faces headwinds.
SingPost’s group revenue rises 2.4% QoQ to $495.1m in Q3
The company attributed the increase to the growth in its logistics revenue.
SingPost, MO kickstart trial for electric motorbikes with swappable batteries
The trial will go on for three months.
SingPost to dilute interest in Chinese logistics company
The postal service company holds a 19.75% stake in the latter through its subsidiary.
SingPost acquisition in FMH won’t improve its earnings
The Freight Management Holdings is already fully consolidated.
Singapore launches last-mile parcel delivery standards
The new standards aim to improve the areas of packaging and labelling, amongst others.
SingPost appoints Li Yu as CEO for International Business
He took on the role on 12 September.
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.
Commentary
Contract 'of' or 'for' Service? Or a New Legal Creature? The Singapore Platform Worker’s Bill