Floating Button
Home Capital Results

Singapore Post posts 37% rise in 3Q earnings to $43 mil on better performance, one-off tax adjustment

Samantha Chiew
Samantha Chiew • 3 min read
Singapore Post posts 37% rise in 3Q earnings to $43 mil on better performance, one-off tax adjustment
SINGAPORE (Feb 2): Singapore Post (SingPost) announced that its 3Q17/18 earnings increased 37.2% to $43.0 million, compared to $31.4 million in 3Q16/17.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Feb 2): Singapore Post (SingPost) announced that its 3Q17/18 earnings increased 37.2% to $43.0 million, compared to $31.4 million in 3Q16/17.

This was driven by improved performance in the Postal, eCommerce and Property divisions, as well as a $6.9 million one-off adjustment of deferred tax arising from changes in the US corporate tax rate.

Excluding exceptional items, underlying net profit was up 11.9% to $35.2 million.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.