Singapore Post (SingPost) has reported earnings of $16.7 million for the 2HFY2020/2021 ended March 31, 55.7% lower than earnings of $37.7 million in the 2HFY2019/2020.

This brings earnings for the FY2020/2021 to $47.6 million, 47.7% lower than earnings of $91.1 million in the FY2019/2020.

The lower earnings were mainly attributable to Covid-19 related disruptions, says the group.

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