The research house said it has projected Pos Malaysia to record RM64mil losses for the financial year 2020 (FY20), mainly due to extended MCO-led revenue loss. Nonetheless, RHB suggested investors to look at Pos Malaysia’s long-term prospects
PETALING JAYA: Pos Malaysia Bhd
is expected to post losses for this year due to disruptions in its services caused by the movement control order (MCO), according to RHB Research.
The research house said it has projected Pos Malaysia to record RM64mil losses for the financial year 2020 (FY20), mainly due to extended MCO-led revenue loss.
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