Revenue stood at $813.7m, reflecting a 7.5% YoY decrease.
SingPost’s underlying net profit declined by 40.3% year-on-year to $24.8m for the full year ended 31 March 2025.
Revenue stood at $813.7m, reflecting a 7.5% YoY decrease, primarily driven by headwinds in its international segment which declined by 11.2% to $494.3m.
However, its Singapore segment registered a slight increase of 2.9% to $326.7m, underpinned by the property business which recorded an 11.9% growth to $86.9m.
Including the exceptional gain from its divested Australian business, the group reported a net profit of $245.1m for the period.
SingPost tumbles 11.81% at 1:57 pm, May 15th.
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