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SingPost H2 profit up 93.4% at S$66.9 million; final dividend of S$0.0056 per share proposed

This is despite revenue falling 5.9 per cent to S$859.5 million

Michelle ZhuMegan Cheah

Michelle Zhu,

Megan Cheah

Published Fri, May 10, 2024 · 08:08 AM
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THE net profit of Singapore Post (SingPost : S08 0%) in its second half ended March rose 93.4 per cent to S$66.9 million from S$34.6 million the year before.

This resulted in earnings per share (EPS) of S$0.0273 for the second half, up from S$0.013 in H2 FY2023.

Including distribution to holders of its perpetual securities, EPS for the period stood at S$0.0297, up from S$0.0154 a year prior.

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