Falafulu
07-24

$SingPost(S08.SI)$ 

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). 

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.

Which SG Stock Is the Anchor of Your Portfolio?
As the Singapore stock market continues to show resilience amid global uncertainties, investors are constantly on the lookout for opportunities that could deliver strong returns. ----------- Which company is the anchor in your portfolio? Are they entering buying zone after the plunge several days ago? Have you bottomed these stocks?
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