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

Singapore

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 warrants from an associated company incurred last year, said SingPost in a statement on Friday.