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SingPost Q3 net profit falls 39% on absence of exceptional gains

Singapore

SINGAPORE Post (SingPost) saw a 39.3 per cent slump in net profit to S$30.5 million for its third quarter ended Dec 31, 2019, from S$50.2 million a year ago.

This was due to an absence of the prior year's significant exceptional gains, the postal service provider said in...