Operational and Financial Restructuring
Completed major organizational realignment post-sale of the Australian business, unwinding cross-holdings with Alibaba, and divesting various subsidiaries, resulting in a stronger balance sheet and financial flexibility.
E-commerce Logistics Hub Expansion
Invested SGD 30 million to expand parcel sorting capacity, expected to be operational by mid-2026, tripling capacity to address demand and enhance service quality.
Return to Profitability
Reversed from a SGD 0.5 million loss to an underlying net profit of SGD 5.5 million, with improved cost discipline and operational efficiency.
High Occupancy Rate in Property Assets
SingPost Center maintained a high occupancy rate of 99.2%, with rental income contributing positively to revenue.
SGD 0.08 Interim Dividend
Declared an interim dividend of SGD 0.08 per share, representing 30% of the underlying net profit for the first half.