Singapore Post (SingPost)

SINGAPORE (May 15): Singapore Post (SingPost) and Synagie Corporation will be collaborating to provide on-demand warehousing and fulfilment solutions to SMEs in Singapore and Southeast Asia.

SINGAPORE (May 9): UOB Kay Hian and OCBC Investment Research are maintaining their “hold” calls on Singapore Post (SingPost) with a $1.06 price target and $1 fair value estimate, respectively, after the group announced a 4Q19 loss of $75.1 million due

SINGAPORE (May 7): Singapore Post (SingPost) reversed into the red for the 4Q ended March, posting a loss of $75.1 million from earnings of $31.8 million a year ago due to impairment charges in exceptional items.

SINGAPORE (Mar 13): Singapore Post is likely to wind down or sell its loss-making US e-commerce business after conducting a strategic review of the unit, according to a Bloomberg survey.

SINGAPORE (Feb 1): Singapore Post (SingPost) has announced earnings of $50.2 million for 3Q19, growing 15.6% from $43.4 million a year ago,  largely due to higher revenue as well as a $28.2 million exceptional gain on the group’s dilution of interest i

SINGAPORE (Nov 7): Singapore Post (SingPost) announced it will be partnering Park N Parcel to include the latter’s collection points included within SingPost’s first-of-its-kind integrated last-mile platform (LaMP).

SINGAPORE (Nov 5): Singapore Post (SingPost) reported a 2.2% y-o-y rise revenue to $368.7 million and a 12.9% drop in earnings to $25.1 million in 2Q19.

SINGAPORE (Nov 2): Singapore Post reported 2Q19 earnings ended Sept of $25.1 million, down 12.9% from a year ago, due largely to an exceptional fair value loss os $2.9 million on warrants from an associated company.

SINGAPORE (Sept 18): AXA Insurance and Singapore Post on Tuesday launched the pilot for AXA@POST Virtual Assist, a digital sales advisory service that virtually connects SingPost customers with AXA financial consultants who can provide advice and services

SINGAPORE (Aug 6): DBS is downgrading its recommendation on Singapore Post (SingPost) to “hold” from “buy” with a lowered target price of $1.28.