---
title: "SingPost FY25/26 net profit plunges 75% to $60.9m on volume decline"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286351573.md"
description: "Singapore Post Limited (SingPost) reported a 75.2% drop in net profit to $60.9 million for FY25/26, with revenue falling 23.1% to $376.1 million due to declining international volumes and domestic mail. Operating profit decreased 68.9% to $11.8 million, while underlying net profit fell 57% to $10.7 million. The company recorded $19.2 million in exceptional items and a $38.1 million derecognition of aged trade payables. Domestic eCommerce volumes rose 8.1%, but international volumes dropped 57.9%. The board proposed a final dividend of 0.06 cents per share and a supplemental dividend of 0.41 cents per share."
datetime: "2026-05-14T03:30:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286351573.md)
  - [en](https://longbridge.com/en/news/286351573.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286351573.md)
generator: "portal-rs"
---

# SingPost FY25/26 net profit plunges 75% to $60.9m on volume decline

**Revenue dropped 23.1% to $376.1m as international volumes and mail declined.**

Singapore Post Limited (SingPost) reported net profit attributable to equity holders of $60.9m for the financial year ended 31 March, down 75.2% from $245.1m a year earlier.

Revenue fell 23.1% year on year (YoY) to $376.1m from $489.1m, driven by lower international volumes and continued decline in domestic letter mail. Operating expenses fell 19.3% to $365.4m, but did not offset the drop in revenue, resulting in operating profit declining 68.9% to $11.8m.

Underlying net profit declined 57% YoY to $10.7m from $24.8m whilst profit after tax fell 75.7% YoY to $59.5m.

The company recorded $19.2m in exceptional items, down from $225.8m a year earlier. It also booked a $38.1m derecognition of aged trade payables following a review of its accounting treatment for international postal settlements.

Domestic eCommerce volumes rose 8.1% YoY, partly offsetting a 13.5% decline in domestic letter mail. International eCommerce volumes fell 57.9%.

The Post Office Network narrowed its operating loss by 27.4% to $10.7m, supported by lower operating costs.

The Property Assets segment posted revenue of $80.7m, up 2% YoY, whilst operating profit rose to $45.2m. Occupancy improved to 99.4% from 98.2%.

The board proposed a final dividend of 0.06 cents per share and a supplemental dividend of 0.41 cents per share. A previous year included a 9.0-cent special dividend.

SingPost said it is focused on cost optimisation, automation and portfolio review, including potential enhancements to SingPost Centre.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**