SINGAPORE (June 11): CGS-CIMB Securities is reiterating a number of its top stock picks across various sectors following its recent marketing trip to Tokyo and Hong Kong. There, the research house found that investors in indexed funds were generally “overweight” on Singapore banks and technology...

SINGAPORE (May 14): CGS-CIMB Research is keeping its “add” call on Singapore post (SingPost) with an increased target price of $1.59, as the stock is poised for an earnings recovery over FY19-FY21 and offers 2-3% dividend yield. The group on May 11 recorded 4Q18 earnings of $23.9 million, compar...

SINGAPORE Post (SingPost) bounced back into the black in the fourth quarter after hefty impairments the year before, but underlying earnings still saw a slump.

SINGAPORE: SingPost earned a total profit of S$126.4 million in the last financial year, according to results released on Friday (May 11). The increase in net profit by 278.4 per cent in the financial year of 2017/18 ending Mar 31 is largely due to the "absence of one-off impairment charges", sai...

SINGAPORE Post (SingPost) swung back into the black for its fiscal fourth quarter, booking profit of S$23.95 million in the absence of one-off impairment charges in the corresponding period last year.