SingPost almost doubles first-half profit to $22.6 million, raises interim dividend

Quick Summary:

SingPost shares fell 4.5 per cent to 53 cents as at 9.

SingPost said while the delivery business has improved significantly, profitability continues to be impacted by the post office network which remains unprofitable.

Earnings per share (EPS) excluding distributions to perpetual securities holders stood at 0.76 cents, up 181.5 per cent from 0.27 cents a year ago.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustralia

Topics: Business Revenue Year Million Cent Singpost Doubles Operating Profit First-half Cents

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 09:22:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 662 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23439945

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

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Publisher ID: #25

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