Related Articles
Asia
Singapore Post's Attributable Profit Declines 82% in Fiscal H2; Shares Down 5%
Singapore Post's (SGX:S08) attributable profit to equity holders fell 82% in fiscal second half ended March 31 to SG$41.2 million from SG$222.5 million a year earlier, according to a Thursday filing with the Singapore Exchange.Earnings per share from continuing and discontinued operations, including distribution to perpetual securities holders, dropped to SG$0.0183 compared with SG$0.0989 in the year-ago period.Revenue was down 18% year over year to SG$187.6 million from SG$229.5 million, mainly due to lower revenue from the logistics and letters division.The board recommended a final dividend of SG$0.0006per share for the period, taking the total dividend for fiscal 2026 to SG$0.0014 per share. The board also recommended a supplemental dividend of SG$0.0041 per share.Shares of the city-state's postal services provider were down over 5% in Thursday trading.
$SGX:S08
Asia
ASX Midday Sector Update: Financials Stocks Gain, Consumer Staples Down
Financials stocks led gainers with a rise of about 0.1% in midday trading Thursday.ASX (ASX:ASX) advanced nearly 2% after it appointed Anthony Attia as chief executive, effective Sept. 1.On the flip side, consumer staples stocks shed 2.3% to lead decliners in a broadly lower market.Coles Group (ASX:COL) fell past 3% after Australia's Federal Court ruled that the retailer deceived shoppers by advertising discounts on products that, in many cases, were being sold at higher prices.
$^AXJO$ASX:ASX$ASX:COL
Asia
Juneyao Airlines Names Chief Pilot
Juneyao Airlines (SHA:603885) appointed safety director Feng Jiangtao as chief pilot, effective Wednesday, according to a Thursday filing with the Shanghai bourse.Feng succeeded Yang Fei, who resigned due to internal work adjustments. Yang will remain with the company as safety director and general manager of a wholly-owned subsidiary.Shares of the airline were down 1% in recent trade.
$SHA:603885