Author: Emily

SingPost: some of our business segments have been eroded through higher costs associated with Covid-19

Singapore Post has announced its financial results for the first half  of the fiscal year with  revenue rising 9.6% to S$707.8 million, fuelled by strong e-commerce volumes but net profit  declined 42.1% to S$30.9 million and profit on operating activities declined 50.9% to S$39.8 million, as Covid-19 disruptions led to a sharp rise in international conveyance costs and labour-related expenses.

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Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

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