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Home News Business

Pos Malaysia trims Q2 net loss to RM43mil

by freemalaysiatoday
August 18, 2026
in Business
Reading Time: 4 mins read
Summarize with ChatGPTSummarize with Perplexity
Pos Malaysia trims Q2 net loss to RM43mil
Pos Malaysia Bhd’s group CEO Charles Brewer said the second quarter results show that the hard work to reshape Pos Malaysia is delivering measurable progress, while continuing to strengthen the basics of the business. (Pos Malaysia pic)
KUALA LUMPUR:

Pos Malaysia Bhd trimmed its net loss to RM43.46 million in the second quarter ended June 30, 2026 (Q2 FY2026), compared with RM45.41 million in the same quarter a year ago.

Revenue rose to RM481.29 million in Q2 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% 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.

Its group chief executive officer, Charles Brewer, said the Q2 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.

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.

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freemalaysiatoday

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