Kuala lumpur: Pos Malaysia Bhd, operating under DRB-HICOM Bhd, is steadfast in its commitment to mitigating losses through an ongoing transformation strategy. This initiative is bolstered by strategic network rationalisation, an expansion of digital channels, and a meticulous approach to managing its cost base and revenue mix.
According to BERNAMA News Agency, the Ministry of Communications highlighted Pos Malaysia's improved financial performance, noting a reduction in net loss to RM19.5 million for the first quarter of 2026, a significant improvement from RM41.5 million recorded in the same period last year. This reduction marks the lowest quarterly loss in four years, driven by increased revenue from digital certificate and printing services, enhanced performance in the aviation segment, and diminished losses in the postal services sector.
The ministry's statement came in response to Senator Robert Lau Hui Yew's inquiry regarding potential government financial assistance for Pos Malaysia, given its historical losses under DRB-HICOM. The government, while supportive of Pos Malaysia's transformation and modernisation initiatives, articulated that any government support would be evaluated based on current policies, financial constraints, the necessity for universal service provision, and existing regulatory frameworks.
Moreover, the ministry underscored that the primary strategy does not involve direct financial aid to Pos Malaysia. Instead, it focuses on developing a more sustainable financing mechanism to offset the costs associated with providing universal services. In line with this, the government is considering the creation of a Postal Service Fund as a long-term solution to back postal services in commercially less viable regions, ensuring the industry's overall sustainability is not undermined.