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SingPost Q4 profit down 51.6% at S$38.5m

Wednesday, May 13, 2015 - 05:50

Singapore

SINGAPORE Post (SingPost) on Tuesday posted a 51.6 per cent fall in net profit from S$79.6 million a year ago to S$38.5 million for its fourth quarter ended March 31, 2015.

The decrease was due to SingPost changing its accounting policy for investment properties from the

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