Singapore Post's (SGX:S08) operating profit surged 55% during the fiscal first quarter ended June 30 to SG$4.1 million from SG$2.6 million a year earlier, according to a Wednesday filing with the Singapore Exchange.
Revenue edged down 0.9% year over year to SG$93.4 million from SG$94.2 million.
Shares of the logistics provider were up over 3% in recent trading.