Singapore Post's (SGX:S08) attributable profit to equity holders fell by 13% in the fiscal first half ended Sept. 30 to SG$19.7 million from SG$22.6 million a year earlier, according to a Monday filing with the Singapore Exchange.

Earnings per share, including distribution to perpetual securities holders, fell to SG$0.0088 compared with SG$0.01 in the comparable period.

Revenue also fell 27% year over year to SG$188.4 million from SG$259.6 million, mainly due to a decline in revenue from the logistics and letters and post office network segments.

The board declared an interim dividend of SG$0.0008 per share for the reporting period, down from SG$0.0034 a year earlier. The dividend will be paid on Dec. 5.

Shares of the company were down over 1% in Monday trading.