Pos Malaysia remains optimistic of delivering better results in FY23

Pos Malaysia group CEO Charles Brewer

KUALA LUMPUR: Pos Malaysia Bhd continues to be cautiously optimistic that it will deliver improved results for the financial year ending Dec 31, 2023 (FY2023) after narrowing its losses by half in FY2022 and reporting an improved performance in the first quarter of this year.

Group chief executive officer Charles Brewer said the group has made solid progress in its transformational initiatives and return to profitability despite significant headwinds, with almost all business segments registering profitability except the parcel and retail segments.