Singapore Post reported unaudited revenue of 92.3 million Singapore dollars and an operating profit of 3.8 million Singapore dollars for the third quarter ended Dec, 31 2025.

Quarterly revenue fell 26.8% year-on-year as ongoing declines in letter mail and cross-border eCommerce volumes outweighed a 12% rise in domestic eCommerce deliveries and higher property leasing income. Operating expenses decreased 26.2% year-on-year to 88.5 million Singapore dollars, supporting a 4.1% operating margin compared with 4.9% a year earlier.

Domestic eCommerce volume grew 11.6% year-on-year to 78.96 million items, the highest monthly level in two years, while cross-border eCommerce volume dropped 58.9% to 922,000 kilograms. Domestic letter mail and printed-paper volume fell 23.4%.

Property leasing performance improved as SingPost Centre’s overall occupancy rose to 98.9% from 98.2% a year earlier. The announced divestment of ten HDB shophouses is pending regulatory approval.

Cash and cash equivalents stood at 598.4 million Singapore dollars on Dec, 31 2025, down from 696.4 million Singapore dollars on Mar, 31 2025, primarily due to a 202.6 million Singapore dollars special dividend. Net debt fell 28.3% to 248.7 million Singapore dollars.

The company said it will implement a 10-cent domestic postage rate increase effective Jan, 01 2026 and continues to expand parcel-sorting capacity and customer touchpoints while targeting further yield enhancement from its property portfolio.