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GKE Corporation reported a net profit of RMB 1.87 million in the first half of the 2026 fiscal year, a year-on-year decrease of nearly 58%. Despite a year-on-year revenue increase of 5.3% to RMB 66.53 million, the decline in net profit was mainly due to increased sales costs and administrative expenses. The group announced a dividend of RMB 0.05 per share, to be paid on February 13. President Liang Pengfei stated that the low profitability is due to the significant investments required for expansion plans, but the company has still demonstrated resilience in a challenging business environment
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GKE Corporation announced an investment of 120 million yuan to establish a logistics facility in Dubai to expand its local business. The company signed a lease with DP World to rent facilities in the Jebel Ali Free Trade Zone for a period of 20 years. The total expected cost is 120 million yuan, including rent, equipment, and construction expenses. The group plans to use internal resources and external funding to cover the related costs, with operations expected to begin in 2024. GKE Corporation's stock price rose by 1.04%, closing at 9.7 cents
Singapore Post Ltd :WILL INCREASE RATE FOR ALL REGULAR DOMESTIC MAIL BY TEN CENTS WITH EFFECT FROM 1 JANUARY 2026NEW RATE FOR STANDARD REGULAR MAIL & STANDARD LARGE MAIL WILL BE S$0.62 AND S$0.90 RESPECTIVELY
SingPost will increase regular domestic postage rates by 10 cents from Jan 1 due to declining mail volume, rising costs, and modernization efforts. The new rates will be $0.62 for standard regular mail and $0.90 for standard large mail. Domestic bulk mail rates will also rise. This change aims to improve customer experience and operational efficiency while addressing structural declines in mail volume and escalating costs.
