Singapore Post's Operating Profit Declines 21% in Fiscal Q3

MT Newswires

02-20

Singapore Post's (SGX:S08) operating profit for the quarter ended Dec. 31, 2024 declined 21% to SG$21.1 million from SG$26.8 million a year earlier, according to a filing with the Singapore Exchange on Thursday.

Group revenue was up 2.6% year over year to SG$510.6 million from SG$497.6 million, mainly due to growth in Australia business and property leasing.

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