21-05-2025
POS Malaysia Continues Negative Trend With Q1 Losses Swelling To RM41 Million
POS Malaysia Berhad reported a significant increase in its first-quarter losses for the period ended 31 March 2025, with losses swelling to RM41 million, more than double the RM19 million loss recorded in the same period of FY2024.
The Group reported a revenue of RM467.1 million for the quarter, marking a 2 percent increase compared to the previous quarter, Q4 FY2024. The slight improvement in revenue was led by its aviation and parcel segments, with both delivering encouraging results. The aviation segment continued its momentum both in revenue and profitability, benefiting from sustained demand for cargo handling, engineering solutions, and in-flight catering services.
The parcel segment recorded marginal growth, supported by service quality improvements and continued efforts to differentiate through quality and reliability, despite ongoing market and regulatory challenges. While the retail segment maintained stable sales performance year-on-year, the Group is actively repositioning retail operations to align with evolving
customer needs and exploring new service offerings.
In the logistics segment, performance declined this quarter, primarily due to scheduled maintenance of marine assets and temporary slowdowns in the automotive sector. Looking ahead, Pos Logistics will focus on expanding its third-party logistics (3PL) and freight forwarding capabilities, while strengthening its position in automotive logistics to drive future growth.
Charles Brewer, Group Chief Executive Officer of Pos Malaysia Group said, 'We are encouraged by the steady progress across our key business segments, particularly in aviation and parcel. These results reflect the collective efforts of our teams and our ongoing focus on operational improvement and customer satisfaction.'
Despite the negative earnings. the group remains confident in its transformation efforts and its ability to deliver sustainable, long-term value to stakeholders. Related
