Pos Malaysia Achieves Narrower Losses in Second Quarter

Kuala lumpur: 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.

According to BERNAMA News Agency, 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. This growth was 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 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. Brewer emphasized the company's commitment to running the business with discipline, improving service and productivity, and building a more sustainable Pos Malaysia that continues to serve every Malaysian.

Brewer also mentioned that the company is focused on building a Pos Malaysia that is more resilient, efficient, and relevant to the communities and businesses it serves. He stressed the importance of strengthening the core business while using digital and artificial intelligence (AI) in practical ways that enhance service, productivity, and customer experience.

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. This issuance lifted total equity to RM327.0 million as of June 30, 2026, from RM89.2 million as of Dec 31, 2025.

Pos Malaysia stated that 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.