KUALA LUMPUR: Pos Malaysia Bhd sank deeper into the red in the second quarter due to impairment of property, plant and equipment at its postal division, as well as higher transportation and delivery cost incurred.
The company made a RM121.8mil loss in the three-month ended June 30 compared with RM19mil loss registered in the same quarter last year.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!