Summary: SingPost reported a 60% decrease in operating profit for 1QFY2026, primarily due to a significant drop in international deliveries. Revenue fell by 23.8% to $162.3 million, with domestic deliveries down 9.9% and international deliveries down 59.3%. Despite these challenges, SingPost’s net cash increased by 9.1% to $378.5 million, driven by divestment proceeds and asset sales.

Link: https://www.theedgesingapore.com/capital/results/singpost-reports-60-lower-operating-profit-1qfy2026-business-update