Pos Malaysia trims Q2 net loss to RM43mil

Pos Malaysia Bhd reported a reduced net loss of RM43.46 million in the second quarter ended June 30, 2026, compared to RM45.41 million in the same period last year. Revenue increased to RM481.29 million, up from RM441.56 million a year ago. The growth in revenue was attributed to strong performance across all business segments, higher parcel volume growth, and improved contributions from Pos Aviation and Pos Logistics.

For the first half of 2026, the company's losses decreased to RM63.0 million from RM86.94 million, with revenue improving by 8.2% to RM982.65 million, driven by enhanced performance and growth in other businesses like digital certification, data services, and Pos Ar-Rahnu. CEO Charles Brewer stated that the company's efforts to reshape Pos Malaysia are yielding measurable progress, as revenue grows, losses diminish, and positive operating cash flow is generated while strengthening the business fundamentals.

Brewer emphasized the company's focus on disciplined execution, service improvement, and building a more resilient and efficient Pos Malaysia. The company's balance sheet was bolstered by the issuance of RM300 million under its RM1.0 billion Perpetual Sukuk Wakalah Programme in March 2026, raising total equity to RM327.0 million as of June 30, 2026, from RM89.2 million at December 31, 2025.

Pos Malaysia expressed cautious optimism for the second half of FY2026, with improved revenue growth, narrower losses, positive operating cash flow, and an enhanced balance sheet, despite ongoing market challenges.