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SingPost's Q1 profit falls 13.6% to S$30.97m

Domestic mail earnings decline; profit from cross-border e-commerce-related deliveries rises
Saturday, August 5, 2017 - 05:50

Singapore

LOWER domestic mail volumes, costs from planned investments, increased competition in the logistics segment and associates that are investing for growth. These were the reasons given by Singapore Post (SingPost) why its results for the first quarter were weighed down.

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