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Corporate News

Pos Malaysia sinks deeper into the red in Q2 

KUALA LUMPUR: Pos Malaysia Bhd sank deeper into the red in the second quarter due to impairment of property, plant and equipment at its postal division, as well as higher transportation and delivery cost incurred.

The company made a RM121.8mil loss in the three-month ended June 30 compared with RM19mil loss registered in the same quarter last year.

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