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SingPost back in the black in 4Q on higher revenue and income

Samantha Chiew
Samantha Chiew5/11/2018 08:39 AM GMT+08  • 3 min read
SingPost back in the black in 4Q on higher revenue and income
SINGAPORE (May 11): Singapore Post (SingPost) recorded 4Q18 earnings of $23.9 million, compared to a loss of $65.2 million in 4Q17.
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SINGAPORE (May 11): Singapore Post (SingPost) recorded 4Q18 earnings of $23.9 million, compared to a loss of $65.2 million in 4Q17.

This brings FY18 earnings to $126.4 million, 278.4% higher than $33.4 million in FY17.

During the quarter, the group’s revenue increased by 13.5% to $367.5 million compared to $325.8 million a year ago, with growth from the Postal and Logistics segments.

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