Pos Malaysia registers biggest-ever net loss

Net profit for the quarter rose to RM29mil from RM9.9mil a year ago as turnover increased to RM653mil.

PETALING JAYA: Pos Malaysia Bhd recorded a net loss of RM165.7mil for the financial year ended March 31, 2019 – its biggest-ever loss for a full year.

The group had reported a net profit of RM93.25mil during the preceding year.