SingPost Centre (SPC)

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

SingPost downgraded to 'hold' on longer turnaround time for US ops

SINGAPORE (Aug 6): DBS is downgrading its recommendation on Singapore Post (SingPost) to “hold” from “buy” with a lowered target price of $1.28.

Broker's Calls

SingPost Centre's re-opening is welcome news but other segments need to deliver

SINGAPORE (Oct 10): SingPost on Monday announced the launch of SingPost Centre’s retail wing, a new one-stop lifestyle destination in Singapore’s east, after two years of redevelopment and costing $150 million.

SingPost gets an upgrade from OCBC

SINGAPORE (June 15): OCBC is upgrading Singapore Post to “hold” from “sell” with unchanged fair value estimate of $1.20 given the significant correction in its share price.
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