- Excluding a S$222.2m net exceptional gain from the sale of its Australia business, SingPost posted lower FY25 revenue (-7.5% y-o-y) and underlying PATMI (-40.3% y-o-y), dragged by the international and Singapore postal business but offset by Famous Holdings and the property segment.
Soft results as challenges persist.
- - Read this at SGinvestors.io -
- The underperformance was largely due to the Singapore postal segment which had weak volumes while the international segment suffered from ongoing macroeconomic uncertainty. This was offset by strong performances from the property and freight forwarding segments.
Special dividend declared.
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- Pending approval at the upcoming AGM, we expect this to be paid out at end-Aug 25
SingPost's performance by segment
Singapore (Postal): Underperformer.
- Read more at SGinvestors.io.
