Singapore Post Limited operates and provides postal, logistics, and retail services in Singapore and internationally. The company operates through three segments: Mail, Logistics, and Retail & eCommerce. The Mail segment offers services for collecting, sorting, transporting, and distributing domestic and international mail, as well as sells philatelic products. Its International mail service includes handling of incoming and outgoing international mail. This segment also provides ePost hybrid mail service, which integrates electronic data communication with traditional mail. The Logistics segment offers a range of logistics solutions, including freight, warehousing, domestic and internationa...
10 Eunos Road 8
Singapore Post Centre
Founded in 1819
Singapore Post Limited Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015
Feb 4 16
Singapore Post Limited reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company has posted revenue of SGD 316,184,000 against SGD 239,617,000 a year ago. Profit before income tax was SGD 55,433,000 against SGD 54,080,000 a year ago. Net profit attributable to equity holders of the company was SGD 43,504,000 or 1.84 cents diluted per share against SGD 43,224,000 or 1.83 cents diluted per share a year ago. Operating profit was SGD 54,599,000 against SGD 50,947,000 a year ago. Net cash provided by operating activities was SGD 50,019,000 against SGD 41,711,000 a year ago. Acquisition of subsidiaries, net of cash acquired was SGD 233,139,000 against SGD 112,418,000 a year ago. Additions to property, plant and equipment was SGD 59,219,000 against SGD 45,431,000 a year ago.
For the nine months, the company has posted revenue of SGD 833,963,000 against SGD 670,873,000 a year ago. Profit before income tax was SGD 176,568,000 against SGD 151,296,000 a year ago. Net profit attributable to equity holders of the company was SGD 143,531,000 or 6.12 cents diluted per share against SGD 122,057,000 or 5.35 cents diluted per share a year ago. Operating profit was SGD 176,794,000 against SGD 149,174,000 a year ago. Net cash provided by operating activities was SGD 71,957,000 against SGD 113,874,000 a year ago. Acquisition of subsidiaries, net of cash acquired was SGD 256,434,000 against SGD 115,085,000 a year ago. Additions to property, plant and equipment was SGD 229,931,000 against SGD 70,977,000 a year ago. Net debt as of December 31, 2015 was SGD 176 million. Net asset value per ordinary share was 68.97 cents.