Singapore Post First Half 2023 Earnings: S$0.007 loss per share (vs S$0.012 profit in 1H 2022)

Singapore Post (SGX:S08) First Half 2023 Results

Key Financial Results

• Revenue: S$958.9m (up 31% from 1H 2022).
• Net loss: S$15.2m (down by 155% from S$27.6m profit in 1H 2022).
• S$0.007 loss per share (down from S$0.012 profit in 1H 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Singapore Post Earnings Insights

Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Logistics industry in Asia.

Performance of the market in Singapore.

The company's shares are down 1.9% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Singapore Post, and understanding them should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.