Pos Malaysia’s 2Q net loss doubles on lower revenue from postal and logistics segments

KUALA LUMPUR (Aug 21): Pos Malaysia Bhd (KL:POS) recorded a wider net loss of RM55.92 million for the second quarter ended June 30, 2024 (2QFY2024), up 107% from RM27.01 million a year earlier, on lower revenue registered from its postal and logistics segments. The national post and parcel service provider has been loss-making since 3QFY2018.

As a result, loss per share for 2QFY2024 came in…