To The Moon

Several major companies are reporting earnings this week — which SG company are you keeping an eye on? $SingPost(S08.SI)$ reported a net profit of $18.4 million, but underlying net profit, excluding exceptional gains, fell 78% year-on-year, from $25.2 million to $5.5 million. Total revenue declined 27.4% to $188.4 million, mainly due to a slump in cross-border e-commerce volumes and the impact of discontinued operations. The company’s logistics and letters division saw revenue drop 33.1% to $153.4 million, with an operating loss of $4.4 million (compared to a $13.7 million profit in 1H 2024/2025). The property division remained a bright spot, with revenue rising 3.3% to $40.6 million and net profit slightly down 3.3% to $23.9 million, supported by 99.2% occupancy at SingPost Centre. CEO Mark Chong emphasized that business streamlining and operational improvements helped offset the broader weakness in global logistics and e-commerce. The company is also conducting a strategic review, including the potential divestment of SingPost Centre. $Singtel(Z74.SI)$ shares rose 2.16% on guidance lift. The telecommunications giant raised its FY2026 operating companies (Opco) EBIT guidance from “high single digits” at the start of the year to a range of high single digits to low double digits. The upgrade reflects a strong first-half performance, with Opco EBIT growing 14% in constant currency, driven by Australian telco Optus, technology services provider NCS, data centre operator Nxera, and Singtel’s local operations in Singapore. Join the SG earnings season company reporting event and earn 10 Tiger Coins! Each different company you comment on earns 10 Tiger Coins. Share a one-sentence comment with your view on the company’s earnings, for example: “ $UOB(U11.SI)$ net profit plunged due to early provisions — a 3% drop in one day feels like a buying opportunity?” “ $SingPost(S08.SI)$’s core business profit continues to decline, with year-to-date performance at -7% — still waiting and watching.”