SingPost Q2 net up 8.5% at $35.7m

SINGAPORE Post (SingPost) reported an 8.5 per cent increase in its second quarter profit yesterday to $35.7 million on the back of strong growth across all segments, especially in e-commerce.

Revenue surged 32.6 per cent for the three months ended Sept 30, 2013, to $204 million, as compared to $154 million for the same period last year.

The group posted earnings per share of 1.680 cents for the second quarter, compared to the 1.540 cents reported last year.