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SingPost 1H21 earnings up 13.3%, interim dividend of 0.5 cents per share declared

Atiqah Mokhtar
Atiqah Mokhtar11/3/2021 8:6 AM GMT+08  • 3 min read
SingPost 1H21 earnings up 13.3%, interim dividend of 0.5 cents per share declared
Revenue rose 3.3% to $731.4 mil, led by growth in domestic post and parcel, logistics and property businesses.
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Singapore Post (SingPost) has reported earnings of$35.05 million for the 1HFY2021 ended September, 13.3% higher y-o-y, while underlying net profit stood at $37.4 million, up 18.8% y-o-y.

The company has declared an interim dividend of 0.5 cents per ordinary share, to be paid on Nov 30.

Revenue for the 1HFY2021 rose 3.3% y-o-y to $713.4 million, led by growth in the domestic post and parcel, logistics and property segments, offset by a reduction in the international post and parcel segment.

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