LATEST NEWS   Layang Layang Aerospace voluntarily grounded all BO105 helicopters and aircraft using Rolls-Royce 250-series engines with immediate effect - CAAM | Crashed helicopter held a Certificate of Airworthiness valid through Aug 4, 2027, and a Certificate of Registration valid through July 28, 2029 - CAAM CEO | CAAM is monitoring the Layang Layang Aerospace grounding process, inspections and regulatory records for the aircraft, pilot, and operator - CEO | Malaysia’s House Price Index stood at 234.7 pts in 1H 2026, with average price at RM506,317 -- Amir Hamzah | The property market remained resilient, with 187,320 transactions worth RM105.12 bln recorded in 1H 2026 -- Amir Hamzah | 
BUSINESS • 14/08/2026 08:16 PM

Pos Malaysia Trims 2Q Net Loss To RM43.46 Mln

KUALA LUMPUR, Aug 14 (Bernama) -- Pos Malaysia Bhd trimmed its net loss to RM43.46 million in the second quarter ended June 30, 2026 (2Q FY2026), compared with RM45.41 million in the same quarter a year ago.

Revenue rose to RM481.29 million in 2Q FY2026 compared with RM441.56 million a year ago, driven by positive momentum across all business segments, stronger parcel volume growth, and improved contributions from Pos Aviation and Pos Logistics.

For the first half of 2026, the national courier company cut losses to RM63.0 million from RM86.94 million, while revenue improved 8.2 per cent to RM982.65 million from RM908.62 million a year ago, driven by improved performance as well as growth from the group’s other businesses, including digital certification, data services and Pos Ar-Rahnu.

Ad Banner

Its group chief executive officer, Charles Brewer, said the 2Q results show that the hard work to reshape Pos Malaysia is delivering measurable progress as the company is growing revenue, reducing losses and generating positive operating cash flow, while continuing to strengthen the basics of the business.

“The market remains tough, but our focus is clear: run the business with discipline, improve service and productivity, and build a more sustainable Pos Malaysia that continues to serve every Malaysian

“We are building a Pos Malaysia that is more resilient, more efficient and more relevant to the communities and businesses we serve. Our priority is to keep strengthening the core business, while using digital and artificial intelligence (AI) in practical ways that improve service, productivity and customer experience,” he said in a statement today.

Ad Banner
Ad Banner

The group’s balance sheet was materially strengthened by the issuance in March 2026 of the RM300 million first tranche under its RM1.0 billion Perpetual Sukuk Wakalah Programme.

It said the issuance lifted total equity to RM327.0 million as at June 30, 2026, from RM89.2 million as at Dec 31, 2025. 

Pos Malaysia said the company enters the second half of FY2026 on a stronger footing, supported by improved revenue growth, narrower losses, positive operating cash flow and a strengthened balance sheet.

While market conditions remain challenging, Pos Malaysia remains cautiously optimistic of continued year-on-year improvement, underpinned by disciplined execution of its transformation agenda, cost efficiency, service reliability, digital and AI adoption, and continued progress on postal regulatory reform.

-- BERNAMA

 

More News

Categories

Tags