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SingPost Q1 profit falls 40.4% on exceptional S$6m loss, higher tax

Singapore

SINGAPORE Post's (SingPost) first-quarter net profit fell 40.4 per cent to S$18.7 million, dragged down by an exceptional S$6 million loss and higher tax.

The dent in earnings was mainly due to exceptional fair value losses from warrants in an associated firm, which

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