Pos Malaysia redoubling efforts to turn around

Pos Malaysia group chief executive officer Charles Brewer said despite the continuing Covid-19 challenges, the group has begun to see the signs that its turnaround plan was starting to deliver.

PETALING JAYA: Pos Malaysia Bhd’s net loss widened to RM43.9mil for the third quarter ended Sept 30, 2021 (Q3’21) from RM7.4mil in Q3’20.

During the period in review, its revenue fell 13.9% to RM536.3mil from RM623mil in Q3’20, and its loss per share widened to 5.61 sen from 0.95 sen.