KUALA LUMPUR: Pos Malaysia Bhd
may be set for an earnings turnaround in 2020 following a commercial postal rate revision to lift its postal segment's profitability.
RHB research said the February hike in commercial postal rate would provide Pos Malaysia with much-need operating cash lows to undertake its business transformation initiatives, which entail the expansion of its courier operations footprint and investments in digitalisation and automated systems.
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