SINGAPORE (May 11): Although SingPost managed to swing back into the black for 4QFY2019/20, analysts remain ambivalent on the next quarter ahead as the group grapples with Covid-19 challenges. 

DBS Group Research is now projecting a 19-20% drop in the group’s earnings for FY2021-22F compared to a growth of 3% earlier. Meanwhile, CGS-CIMB Research has cut its FY2021-22F earnings per share (EPS) by 6.6-6.7%. 

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

SUBSCRIBE NOW