SingPost delivers 37.2% jump in 1Q earnings to $25.7 mil even as logistics, US business segments flounder

SINGAPORE (Aug 2): Singapore Post (SingPost) has delivered higher earnings in the 1Q19/20 ended June, despite losses in its logistics and US business segments.

Earnings jumped 37.2% to $25.7 million, up from $18.7 million a year before.

This resulted in earnings per share of 0.98 cent in 1Q19/20, up 48.5% from 0.66 cent in 1Q18/19.

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