SingPost operating profit drop 38% YoY to $26m in Q3

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No Its revenue for Q3 rose 1% QoQ to $351m. Singapore Post (SingPost) recorded an operating profit of $26m for Q3 ended 31 December, representing a 38% YoY decline but a 41% increase from the previous quarter, the company announced. Its revenue for Q3 rose 1% QoQ to $351m, driven by growth in the logistics segment as couriers please and the group’s freight forwarding entity, Famous Holdings, recorded revenue growth on the back of higher volumes. read more