Yahoo Finance Singapore Post Full Year 2024 Earnings: EPS Beats Expectations
Singapore Post (SGX:S08) Full Year 2024 Results
Key Financial Results
Revenue: S$1.69b (down 9.9% from FY 2023).
Net income: S$67.4m (up 383% from FY 2023).
Profit margin: 4.0% (up from 0.7% in FY 2023).
EPS: S$0.03 (up from S$0.006 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Singapore Post EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 76%.
The primary driver behind last 12 months revenue was the Logistics segment contributing a total revenue of S$1.17b (69% of total revenue). Notably, cost of sales worth S$1.40b amounted to 83% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to S$112.0m (52% of total expenses). Explore how S08's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Logistics industry in Asia.
Performance of the market in Singapore.
The company's shares are down 5.5% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Singapore Post that we have uncovered.
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