Kuala lumpur: Pos Malaysia Bhd posted a net loss of RM209.26 million in the financial year ending Dec 31, 2025 (FY2025), compared to a net loss of RM202.67 million in FY2024.
According to BERNAMA News Agency, the national post and parcel service provider stated in a filing with Bursa Malaysia that its postal segment's loss before tax improved due to increased parcel volumes and lower operating costs. The profit in the aviation segment increased despite elevated operating costs.
The logistics segment recorded a net loss due to lower revenue, while operating costs remained largely fixed because of scheduled maintenance, major repair, and maintenance of vessels during dry-docking. Meanwhile, the others segment saw a lower profit, attributed to increased losses from retail business outlets due to higher operating costs.
Pos Malaysia's revenue for the year slipped marginally to RM1.84 billion from RM1.85 billion previously. This was despite growth in the postal segment, supported by higher contributions from courier and retail businesses, and stronger cargo and inflight catering income in the aviation segment, aided by a higher number of meals uplifted.
Revenue from the logistics segment fell due to decreased marine activities caused by the extended downtime of a vessel undergoing dry-docking. Additionally, there were reduced volumes in freight management, automotive logistics, and vehicle sea transportation, attributed to increased competition and capacity constraints. Conversely, the others segment recorded higher revenue primarily from sales of digital certificates and the printing and insertion business, driven by higher sales volume from major customers.
For the fourth quarter (4Q) of FY2025, the group recorded a net loss of RM77.09 million compared to a net loss of RM77.16 million in 4Q of FY2024, while revenue increased to RM467.81 million from RM458.63 million in the same period previously.
Pos Malaysia's group chief executive officer Charles Brewer stated that the performance in FY2025 reflects the resilience of its core operations and the ongoing results of transformation efforts implemented by the company. He noted positive momentum in parcel volumes, improvements in operational efficiency, and steady progress in modernising the nationwide network, emphasizing the focus on consistent service excellence, enhancing customer experiences, and building a sustainable, future-ready Pos Malaysia.
Regarding future prospects, the company plans to continue adapting to significant structural challenges, including declining mail and retail footfall volumes and regulatory-related issues. The aviation segment is expected to benefit from continued passenger growth and the expansion of its engineering capabilities, while Pos Logistics will focus on market share gains and asset optimisation as part of its turnaround plan.
The group continues to engage with the government and policymakers to deliver a modern and fit-for-future Postal Services Act and related regulations, as well as Universal Service Obligation compensation. While market conditions remain challenging, the group remains cautiously optimistic that its transformation efforts will drive steady improvement in FY2026.