Ti: SingPost prepares US exit as e-commerce headwinds bite

As I wrote for Transport Intelligence: “SingPost’s annual results to the end of March 2019, which were released this week, were a mixed bag, to put it mildly. Revenues rose 2.9% to S*$1.55bn from S$1.51bn one year earlier, largely thanks to modest growth in its core Post & Parcel division, while the small property unit also marginally contributed to that annual growth rate.”
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Source: The Loadstar

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