Questionable SingPost figures?
I refer to the letter “SingPost has invested over S$100m to meet rise in e-commerce” (Jan 24). Out of curiosity, I pulled out SingPost’s recent half-year results.
I refer to the letter “SingPost has invested over S$100m to meet rise in e-commerce” (Jan 24). Out of curiosity, I pulled out SingPost’s recent half-year results.
I noted that its revenue had increased 6.4 per cent year-on-year and that its property, plant and equipment assets increased from S$233.5 million in September 2013 to S$238.7 million last September, i.e. S$5.2 million.
The difference between S$5.2 million and S$100 million is glaring.
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