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SingPost delivers higher net profit of S$27.7m for Q2

SingPost staff in the SingPost distribution base in Eunos. There has been a sharp fall in business letters and advertising mail, but a rise in e-commerce package volumes.


SINGAPORE Post (SingPost) delivered a 10.3 per cent higher net profit of S$27.7 million for the second quarter ended September.

This came from improved performance from associated companies and joint venture, as well as an absence of exceptional fair-value loss on...

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