$SINGAPORE POST LIMITED(S08.SI

The coming postage-rate increase by Singapore Post will likely help the company plug its widening postal losses, the analyst says. Also, its FY 2024 earnings recovery should be anchored by its international business, which is enjoying tailwinds from China's border reopening, the analyst says. In addition, Singapore Post seems to have lots of non-core assets ripe for value unlocking, such as its property portfolio

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