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Singapore Post Limited (SingPost)
Results
SingPost reports FY2023 earnings of $24.7 mil, 70.3% lower y-o-y despite record revenue
The board is recommending a final dividend of 0.4 cents per share for the FY.
May 11, 2023
Company in the news
SingPost's 19.75% stake in Chinese logistics business to be diluted with potential disposal of interest
SingPost’s 19.75% stake in 4PX is held by its subsidiary, Quantium Solutions International Pte. Ltd (QSI).
January 20, 2023
Broker's Calls
FMH acquisition 'positive'; transaction to generate 8% operating profit accretion for SingPost: CGS-CIMB
Analyst Ong Khang Chuen thinks the worst could be over for the group.
January 12, 2023
M&A
SingPost acquires additional 37% total stake in Freight Management Holdings for A$175.4 mil
The transaction will be funded by the group’s cash reserves and available bank loan facilities.
January 11, 2023
Results
SingPost reports $9.9 mil loss for 1HFY2022 due to exceptional charge of $21 mil
SingPost has declared an interim dividend of 0.18 cent per share for the 1HFY2022, to be paid out on Nov 30.
November 03, 2022
Results
SingPost reports 188.1% y-o-y surge in 2HFY2022 earnings of $48.1 mil
SingPost has proposed a final dividend of 1.3 cents per share for the 2HFY2022, bringing the full year's dividend to 1.8 cents.
May 13, 2022
Company in the news
SingPost issues $250 mil subordinated fixed rate perpetual securities with 4.35% p.a. coupon
The perpetual securities are expected to be issued on April 6.
March 31, 2022
Company in the news
SingPost issues $100 mil Series 002 five-year notes with 3.23% p.a. coupon
Shares in SingPost closed 0.5 cent lower or 0.76% down at 65.5 cents on March 29.
March 29, 2022
Company in the news
SingPost receives arbitration notice on share purchase agreement pertaining to Famous Holdings
The notice of arbitration pertains to the agreements in relation to Famous Holdings and its subsidiaries.
March 04, 2022
Broker's Calls
UOB Kay Hian upgrades SingPost to 'buy' on robust 3QFY2022
UOB Kay Hian has also upped its target price to 78 cents from 75 cents previously.
March 04, 2022