Singapore Post Annual Report 2022/2023

Singapore Post Limited
Annual Report
2022/23

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With a rich heritage of 165 years, we have transformed from Singapore's postal service provider to a eCommerce logistics leader in Asia Pacific, operating in 13 markets, serving customers across 220 destinations worldwide. Our portfolio of businesses spans from national and international postal services, warehousing and fulfilment, international freight forwarding to last mile delivery.

With our commitment to excellence and sustainability, we constantly innovate to bring about best-in-class integrated logistics solutions and services, making every delivery count for people and planet.

BOARD STATEMENT

The year has been one of mixed outcomes. Mounting challenges in our Postal business leading to our first loss in that segment, resilience in our Property business, and the transformational growth of our Logistics business, driven by our investments in Australia, making Logistics the primary profit contributor to the Group. The Group achieved record revenue of $1.9 billion for the financial year, with 70% contributed by Logistics and 86%* of our revenue generated internationally.

SIMON ISRAEL
Chairman
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AT A GLANCE

as at 31 March 2023

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GROUP FINANCIALS

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SUSTAINABILITY

DELIVERING SUSTAINABLY FOR OUR TOMORROW

Embracing the three pillars—Cherishing Our Planet, Collaborative Partnerships, and Culture of Trust—our sustainability framework is designed to systematically address material ESG matters and operationalise our sustainability strategy across the business. Each pillar and its associated material matters are mapped to the United Nations Sustainable Development Goals (UN SDGs).

At SingPost, we believe that everyone has a role in promoting global sustainable development, and contributing in the best way possible.

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