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S08 — Singapore Post News Story

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Brief: Singapore Post says qtrly net profit attributable S$28.5 mln

Nov 14 (Reuters) - Singapore Post Ltd  SPOS.SI  
    * Qtrly net profit attributable S$28.5 million versus 
S$31.4 
million 
    * Q2 revenue S$354.687 million versus S$321.733 million 
    * For Q2, board declared an interim dividend of 0.5 cent per 
ordinary share (tax exempt one-tier) 
    * Capital expenditure for FY2017/18 is expected to be lower 
than 
FY2016/17, as majority of development projects had been 
completed 
    * Decline in domestic letter mail volumes is expected to 
continue 
 
Source text for Eikon:  ID:nSNZ1L5fPL  
Further company coverage:  SPOS.SI  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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