Pos Malaysia Records Stronger First Quarter With Revenue Rising To RM501.4 Million
PETALING JAYA: Pos Malaysia Berhad started the 2026 financial year on a stronger footing after recording revenue of RM501.4 million for the first quarter ended March 31.
The result marked a 7.3 per cent increase compared to the corresponding period last year, reflecting improving operational performance and the positive impact of the group’s ongoing transformation initiatives.
Alongside higher revenue, the company also achieved a substantial 63.7 per cent reduction in pre-tax losses year-on-year, driven by stronger contributions from all major business divisions including postal, aviation and logistics-related services.
Group chief executive officer Charles Brewer said the company’s improved resilience was supported by revenue growth across multiple operational segments as well as disciplined cost management measures implemented throughout the organisation.
According to him, the postal and aviation divisions emerged as the main contributors to the stronger financial performance during the first quarter.
“We are seeing a more resilient operational performance with revenue growth recorded across all major business segments.
“The stronger contribution from the postal and aviation sectors has also been reinforced by disciplined cost management initiatives,” he said in an official statement today.
Charles Brewer noted that while structural challenges remain within the traditional postal segment, several transformation efforts have already begun delivering encouraging results.
He explained that operational network optimisation, more effective revenue management strategies and targeted digitalisation programmes have all contributed to the company’s improving performance.
According to him, the company’s current focus remains on ensuring the long-term sustainability of its postal business while improving the overall quality of group earnings.
He added that the company continues to engage actively in discussions related to reforms under the Postal Services Act, including financing mechanisms linked to the implementation of the Universal Service Obligation (USO).
In the same period, Pos Malaysia Berhad reported that parcel delivery volumes increased by 24.6 per cent compared to the previous year.
The growth was largely driven by sustained expansion in e-commerce activity and the company’s improved market share within the logistics and delivery sector.
However, management stressed that the company’s strategy is not solely focused on increasing delivery volumes, but also on improving profit margins and operational efficiency.
Despite the stronger performance, the company acknowledged that its traditional postal segment continues to face significant challenges due to the ongoing decline in conventional mail volumes and reduced foot traffic at physical branches as digital adoption accelerates.
Looking ahead, Pos Malaysia Berhad said it will continue strengthening its transformation agenda through operational network rationalisation, expansion of digital channels and stricter cost management measures.
The company added that the operating environment is expected to remain challenging amid industry pressures, intensifying market competition, evolving regulatory requirements and prolonged geopolitical uncertainty worldwide.
The group also noted that continuing tensions in West Asia are affecting the global aviation and logistics sectors, including disruptions to flight schedules, rising fuel prices, increased international freight costs and fluctuations in air cargo volumes.
Despite the challenging external landscape, Pos Malaysia Berhad remains optimistic that its transformation strategy will continue strengthening the company’s position and long-term operational resilience within the increasingly competitive postal and logistics industry.
-wilayah.com.my
