SingPost back in the black in 4Q on higher revenue and income

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SINGAPORE (May 11): Singapore Post (SingPost) recorded 4Q18 earnings of S$23.9 million, compared to a loss of S$65.2 million in 4Q17.

This brings FY18 earnings to S$126.4 million, 278.4% higher than S$33.4 million in FY17.

During the quarter, the group’s revenue increased by 13.5% to S$367.5 million, compared with S$325.8 million a year ago, with growth from the...(click on link for full story on theedgesingapore.com)