Decline in revenue and operating profit in 2H FY2025
SingPost reported 2H FY2025 revenue of S$387.5 million, down 12.1% year-on-year due to weaker Singapore postal and cross-border eCommerce volumes.
This led to a 6.1% year-on-year decline in operating profit and an underlying net loss of S$0.5 million in 2H FY2025.
The sale of SingPost’s Australian unit (SPAI) was completed in March 2025, unlocking a S$222.2 million gain.
As a result, 2H FY2025 reported net profit rose to S$222.9 million. Management proposed a special dividend of 9 cents per share, returning approximately two-thirds of the divestment proceeds to shareholders.
Source: Company data
Segment performance mixed
In 2H FY2025, revenue from SingPost’s Singapore segment declined 5.8% year-on-year to S$160.2 million, mainly due to a 16.8% drop in eCommerce delivery volumes.
In contrast, the Singapore Property segment continued to perform well, recording a 10.7% increase in revenue to S$44.0 million. SingPost
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