POS Malaysia’s Q1 Losses Widen to RM41 Million

KUALA LUMPUR: POS Malaysia Berhad reported a first-quarter net loss of RM41 million for the period ended 31 March 2025, more than doubling the RM19 million loss recorded in the same quarter of FY2024.

The group’s revenue rose 2% quarter-on-quarter to RM467.1 million, supported by improvements in the aviation and parcel segments. Aviation continued to show strong performance, driven by sustained demand for cargo handling, engineering services, and in-flight catering. The parcel segment posted modest gains, aided by enhanced service quality and reliability.

However, logistics performance weakened due to marine asset maintenance and a slowdown in the automotive sector. The group aims to expand its third-party logistics (3PL) and freight forwarding services to strengthen this segment.

Retail operations held steady year-on-year, with repositioning efforts underway to meet changing customer demands.

Group CEO Charles Brewer said the results reflect continued operational improvements and affirmed the group’s commitment to long-term transformation despite the quarterly loss.

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