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.
PETALING JAYA: Postal services provider Pos Malaysia Bhd
’s share price fell to an 11-month low, sliding 57 sen or 11.42% to close at RM4.42 after earnings for the third quarter ended Dec 31, 2017 released on Monday came in below expectations.
The share-price drop saw RM446.18mil erased from its market capitalisation, making the counter the second worst performer on the local bourse.
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