Post & Parcel

CGS-CIMB downgrades SingPost from 'add' to 'reduce' with lowered TP of 55 cents as P&P segments suffer - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB downgrades SingPost from 'add' to 'reduce' with lowered TP of 55 cents as P&P segments suffer

International post and parcel volumes fell 33% y-o-y in 1QFY2023

Broker's Calls

Maintain 'buy' for Singpost with reduced TP of 78 cents as it makes 'strong but delayed recovery': UOB Kay Hian

UOB Kay Hian analyst Llelleythan Tan believes Singpost has significant potential upside at current attractive price levels.
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.
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