The company saw its underlying net profit dip more than 40 per cent to S$24.8 million for the financial year. SINGAPORE: Singapore Post reported a full year net profit of S$245.1 million (US$188 million) for its financial year that ended Mar 31. This figure, more than double last year's, was due to the company's "exceptional gain" from the divestment of its Australia business , SingPost said in a media release on Thursday (May 15). The company recorded a net exceptional gain of S$222.2 million