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SingPost reports slightly lower 3Q20/21 revenue of $351 mil, sees strong growth in e-commerce volumes - THE EDGE SINGAPORE

Results

SingPost reports slightly lower 3Q20/21 revenue of $351 mil, sees strong growth in e-commerce volumes

Q-o-q, revenue was up by 1% driven by growth in the logistics segment.

Broker's Calls

Not all blue skies yet, but it’s back to ‘buy’ on SingPost

SINGAPORE (Oct 4): UOB Kay Hian is upgrading its “hold” call on Singapore Post (SingPost) to “buy”, as well as raising the stock’s target price to $1.77 from $1.53 previously.

5 hurdles for SingPost’s FY17 earnings

SINGAPORE (July 25): UOB Kay Hian has downgraded its rating for Singapore Post (SingPost) from “buy” to “hold”, while lowering its target price from $2.25 to $1.64 respectively.
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