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Sparks commentary - Singapore Post

Industrials

Sparks - Singapore Post

More on this equity
Singapore Post (SGX: S08) – H1 results show growth driven by M&A
Published by Andy Murphy

Singapore Post reported H125 group revenue of S$992.4m, up 20.0%, and a 88% increase in underlying net to S$25.2m. Much of the growth in the period was the result of the inclusion of acquired operations in Australia, a geography that faced challenging market conditions. The other operations produced mixed results, but the company dividend was raised 88%, implying management confidence.

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