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Singapore Post (SingPost)
Broker's Calls
'Add' SingPost as it's on route towards a steady recovery: CGS-CIMB
SingPost's recovery is on its way.
March 01, 2022
Results
SingPost reports 24% higher group revenue of $437 mil in 3Q business update
Shares in SingPost closed at 62.5 cents on Feb 24.
February 25, 2022
New appointments
Former chief financial officer of OUE Lippo Healthcare to take on CFO role in Singapore Post from Feb 2022
The new CFO is “experienced CFO operating in the Asia region” and brings with him extensive operating experience in Australia.
December 10, 2021
Results
SingPost 1H21 earnings up 13.3%, interim dividend of 0.5 cents per share declared
Revenue rose 3.3% to $731.4 mil, led by growth in domestic post and parcel, logistics and property businesses.
November 03, 2021
Billion Dollar Club 2021
SingPost aims to deliver the ‘Future of Post’; SATS seeks out new growth areas
Singapore Post has been named the company with the fastest growth in profit after tax in the transportation sector.
September 10, 2021
Broker's Calls
'Gradual recovery' for Singpost as mail flies again: OCBC
"The proposed disposal is estimated to result in a gain of $6 million after transaction costs."
September 08, 2021
M&A
Singpost subsidiary disposes of GSC for $85.1 mil to Triforce Investments
Singpost has disposed of GSC, which mainly provide warehousing, storage, and logistics services, for $85.1 mil.
September 02, 2021
Broker's Calls
CGS-CIMB upgrades SingPost to 'add', sees it as another proxy for border reopening
CGS-CIMB projects stronger quarters ahead for SingPost as borders reopen.
August 11, 2021
Results
SingPost reports slightly lower 1QFY21/22 EBIT of $21 mil as international post business continues to be impacted
1QFY21/22 group revenue was 2% lower y-o-y at $353 mil.
August 06, 2021
Investing ideas
Singtel maps out new strategic direction for growth amid accelerated disruption
It's a new dawn ahead for Singtel.
June 04, 2021