February 26, 2017 5:18 AM ET

Air Freight and Logistics

Company Overview of Singapore Post Limited

Company Overview

Singapore Post Limited 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 services, which integrates electronic data communication with traditional mail. The Logistics segment offers a range of logistics solutions, including freight, warehousing, domestic and international distributi...

10 Eunos Road 8

Singapore Post Centre

Singapore,  408600

Singapore

Founded in 1819

7,000 Employees

Phone:

65 6841 2000

Key Executives for Singapore Post Limited

Singapore Post Limited does not have any Key Executives recorded.

Singapore Post Limited Key Developments

Singapore Post Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016

Singapore Post Limited reported earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company has posted revenue of SGD 369,388,000 against SGD 316,184,000 a year ago. Operating profit was SGD 37,296,000 against SGD 54,599,000 a year ago. Net profit was SGD 31,354,000 or 1.24 cents per share against SGD 43,504,000 or 1.84 cents per share a year ago. Underlying net profit was SGD 31,411,000 against SGD 43,947,000 a year ago. For the nine months, the company has posted revenue of SGD 1,024,493,000 against SGD 833,963,000 a year ago. Operating profit was SGD 124,808,000 against SGD 176,794,000 a year ago. Net profit was SGD 98,649,000 or 4.04 cents per share against SGD 143,531,000 or 6.15 cents per share a year ago. Underlying net profit was SGD 94,244,000 against SGD 121,772,000 a year ago. Net cash from operating activities for the nine months rose to SGD 152.5 million, from SGD 72.0 million during the corresponding period last year. The Group recorded a net debt position of SGD 185.8 million. For the 9 months, revenue rose 22.8% for underlying net profit declined 22.6%, due to costs related to the new regional eCommerce Logistics Hub, operating losses in the U.S. eCommerce business, loss of rental income from SPC Mall redevelopment, lower associates and JV contribution largely due to 4PX expansion plan and lower domestic letter mail volumes.

Singapore Post Limited Declares Interim Dividend for the Third Quarter of Fiscal 2017, Payable on March 09, 2017

Singapore Post Limited had declared interim dividend of $0.005 per share for the third quarter of fiscal year 2017, payable on March 09, 2017.

Singapore Post Limited, Q3 2017 Earnings Call, Feb 10, 2017

Singapore Post Limited, Q3 2017 Earnings Call, Feb 10, 2017

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