SingPost mail business “under tremendous pressure”, but profits up 7%:

SingPost has seen a 7% growth in its net profit in the second quarter of the year, after consolidating recent acquisition Novation Solutions – but the underlying business remains fairly flat. Singapore’s Post released results for the first half of the 2012/13 fiscal year today, showing its revenues up 9.1% in the second quarter, to S$153.7m, and up 7.8% over the first half to S$305.3m.

Full article: http://singaporenewsalternative.blogspot.com/2012/10/sing...

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