The postal service company said the loss was due to lower sales as well as an operating expense of RM36.9mil.
PETALING JAYA: Pos Malaysia Bhd
has continued its streak of losses, posting a net loss of RM41.52mil for the first quarter ended March 31, 2025 (1Q25) compared to a net loss of RM19.68mil for the same quarter a year ago.
According to a filing on Bursa Malaysia, the postal service company said the loss was due to lower sales as well as an operating expense of RM36.9mil.
For its postal segment, revenue fell 4% due to the drop in bulk mail volume handled and lower international volume during the quarter. Its one positive was the aviation segment which recorded a higher revenue attributable to the in-flight catering business with higher number of meals uplifted.
