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Corporate News

Pos Malaysia narrows Q1losses on postage rates hike amid e-commerce boom   

KUALA LUMPUR: Pos Malaysia Bhd narrowed its losses in the first quarter on higher postal rates and a booming parcel delivery business.

Net losses in the three-month ended March 31 was RM49.2mil compared with RM141mil a year ago, the company said in a statement today.

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