Singapore Post Ltd. · SGX:S08
Singapore Post — FY2024/25 Earnings Presentation
16 slides from Singapore Post's earnings presentation, May 15, 2025
Slide 1: H2 & Full Year FY2024/25 Results Presentation
H2 & Full Year FY2024/25 Results Presentation 15 May 2025
Slide 2: Disclaimer
Disclaimer The following presentation contains forward looking statements by the management of Singapore Post Limited ("SingPost") relating to financial trends for future periods, compared to the results for previous periods. Some of the statements contained in this presentation that are not historic
Slide 3: FY24/25 Overview
FY24/25 Overview Key business developments in FY24/25: Completion of sale of SPAI1 - the Board review of International 1 Australia business comprising FMH1 and subsidiaries cross-border business 4 Engaging with Singapore 2 Change in Group’s profile; Board to reset Group’s strategy government on posta
Slide 4: H2 & Full Year FY24/25 Results Highlights
H2 & Full Year FY24/25 Results Highlights Continuing Operations Group Performance H2 Full year H2 Full year Revenue S$387.5m S$813.7m Profit after tax S$222.9m $245.1m (12.1%) YoY (7.5%) YoY Underlying (S$0.5m) S$24.8m Operating profit S$24.7m S$44.3m net profit/(loss) vs S$28.1m (40.3%) YoY (6.1%) YoY
Slide 5: H2 & Full Year FY24/25 Segment Revenue
H2 & Full Year FY24/25 Segment Revenue H2 H2 YoY % YoY % Revenue performance Revenue, S$ million FY24/25 FY23/24 FY24/25 FY23/24 change change ● Challenging operating environment in H2 with lower revenues across the Singapore 160.2 170.1 (5.8%) 326.7 317.4 +2.9% segments - Singapore Business 129.7 1
Slide 6: H2 & Full Year FY24/25 Segment Operating Profit
H2 & Full Year FY24/25 Segment Operating Profit With the divestment of SPAI and Operating Profit, H2 H2 YoY % YoY % FY24/25 FY23/24 reintegration of international business S$ million FY24/25 FY23/24 change change into the Singapore postal and logistics Singapore 31.9 37.4 (14.8%) 54.9 44.1 +24.4% busi
Slide 7: Singapore Segment - Singapore Business
Singapore Segment - Singapore Business SINGAPORE POSTAL & LOGISTICS H2 H2 YoY % YoY % Full year delivery revenue and S$ million FY24/25 FY23/24 FY24/25 FY23/24 change change profit growth ● October 2023 postage rate hike REVENUE 129.7 143.4 (9.6%) 259.3 258.7 +0.2% benefit in H1 Postal & Logistics 111
Slide 8: Singapore Segment - Property
Singapore Segment - Property PROPERTY H2 H2 YoY % YoY % Higher rental income from S$ million FY24/25 FY23/24 FY24/25 FY23/24 change change SingPost Centre ● Retail mall at 100% occupancy vs REVENUE 44.0 39.7 +10.7% 86.9 77.7 +11.9% 99.6% last year OPERATING PROFIT 24.5 20.8 +17.8% 48.4 42.2 +14.7% ●
Slide 9: International Segment
International Segment INTERNATIONAL BUSINESS H2 H2 YoY % YoY % Challenging business conditions S$ million FY24/25 FY23/24 FY24/25 FY23/24 change change in cross-border business REVENUE 84.8 139.5 (39.2%) 202.8 300.5 (32.5%) ● Competition, volatility in currency and air freight rates, and Logistics 8
Slide 10: Australia Segment
Australia Segment AUSTRALIA BUSINESS Segment comprises QS Australia H2 H2 YoY % YoY % S$ million FY24/25 FY23/24 FY24/25 FY23/24 change change ● Streamlining of QS Australia business and cessation of QS New REVENUE 3.8 12.0 (68.3%) 12.5 22.2 (43.7%) Zealand operation ● Impact of strong Singapore dol
Slide 11: Financial Position
Financial Position BALANCE SHEET HIGHLIGHTS CASH FLOW HIGHLIGHTS S$ million As at Mar 25 As at Mar 24 S$ million FY24/25 FY23/24 Current assets 909.7 761.0 Cash flow from operating activities 77.8 93.4 Cash and cash equivalent 696.4 476.7 Cash flow from/(used in) investing activities 538.1 (145.9) Non
Slide 12: Proposed Special Dividend
Proposed Special Dividend Special dividend Total of S$202.5m Representing two-thirds of gain 9 cents per share on SPAI disposal 12
Slide 13: Outlook for FY25/26
Outlook for FY25/26 Operating environment Group’s plans 1 Ongoing trade tensions leading to disruption in international trade, greater volatility in supply 3 Sharpening focus on core business ● Reintegrating international cross-border business into chains Singapore postal and logistics business to a
Slide 14: Annex
Annex - Operating Statistics Confidential 14
Slide 15: Annex - Operating Statistics
Annex - Operating Statistics Q1 Q2 Q3 Q4 FY24/25 Q1 Q2 Q3 Q4 FY23/24 Volumes FY24/25 FY24/25 FY24/25 FY24/25 Total FY23/24 FY23/24 FY23/24 FY23/24 Total Singapore (‘000 items) 94,796 95,754 99,655 86,334 376,539 102,326 107,575 96,408 94,546 400,855 - eCommerce related 7,012 6,317 7,617 6,239 27,186
Slide 16: Thank You
Thank You Please refer to the SGXNET announcement dated 15 May 2025 for details.