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Company in the news
SingPost signs MOU with FedEx to trial acceptance points at post offices
The trial will last for three months from Sept 25.
September 25, 2023
Broker's Calls
UOB Kay Hian ups SingPost’s TP to 51.5 cents after postage rate hike
“With the postal rate hike, we now reckon that the domestic parcel and post (DPP) segment has reached a bottom."
September 25, 2023
Company in the news
SingPost raises rates for standard regular mail to 51 cents
The new rates will be made effective on Oct 9.
September 19, 2023
Broker's Calls
Brokers' Digest: SingPost, Netlink NBN Trust, Frencken, Centurion, Singtel
See what the analysts have to say this week.
August 25, 2023
Results
SingPost reports 1QFY2024 group operating profit of $11.9 mil, 11.8% higher y-o-y
Group revenue fell by 15% y-o-y to $404.1 million.
August 18, 2023
Corporate moves
SingPost doubles down on logistics, reaffirms obligation to postal services
SingPost's group CEO Vincent Phang talks to us about the group's future and more.
July 20, 2023
Company in the news
SingPost appoints BofA Securities as financial advisor for strategic review
The review will focus on SingPost's transition to a logistics business over time.
July 17, 2023
Results
SingPost reports FY2023 earnings of $24.7 mil, 70.3% lower y-o-y despite record revenue
The board is recommending a final dividend of 0.4 cents per share for the FY.
May 11, 2023
Company in the news
SingPost's 19.75% stake in Chinese logistics business to be diluted with potential disposal of interest
SingPost’s 19.75% stake in 4PX is held by its subsidiary, Quantium Solutions International Pte. Ltd (QSI).
January 20, 2023
Broker's Calls
FMH acquisition 'positive'; transaction to generate 8% operating profit accretion for SingPost: CGS-CIMB
Analyst Ong Khang Chuen thinks the worst could be over for the group.
January 12, 2023