Pos M’sia net profit down to RM9.3mil


In a separate statement, Pos Malaysia said despite challenging operating conditions, it would continue to press ahead with its initiatives to become the premier e-commerce fulfilment and logistics services provider domestically, and in time, regionally.

KUALA LUMPUR: Pos Malaysia Bhd posted a lower net profit for the third quarter ended Dec 31, 2017 at RM9.3mil compared with RM33.3mil in the corresponding quarter of 2016.

In a filing with Bursa Malaysia, it said revenue fell to RM620.7mil from RM635.7mil previously, while pre-tax profit eased to RM21.9mil from RM51.3mil due to higher operational costs.

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