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SingPost posts 20.6% rise in 3Q net profit to $44m

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Singapore Post, the city-state’s postal service operator, says group revenue grew 12.7% to $139.6 million in the third quarter, boosted by inclusion of revenue from Quantium Solutions (formerly known as G3 Worldwide Aspac group of companies).

The group’s net profit grew 20.6% to $44.1 million while its underlying net profit rose 6.3% to $38.9 million.

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