, which posted a smaller net loss in the first quarter ended March 31 remains cautiously optimistic of delivering improved results in 2024.
Revenue, however, rose 2% to RM491.9mil against RM482.3mil previously. Its loss per share stood at 2.52 sen against 3.53 sen a year prior. “Through enhanced yields, a continued focus on optimising our assets, and stringent cost controls, we have successfully navigated challenges while capitalising on the many opportunities that exist. Our steadfast focus remains on executing our transformation strategies, addressing unprofitable segments, and rapidly scaling our margin-led businesses.
Brewer said the company is is accelerating the execution of its margin-led strategy, which includes plans to open an additional 40 new Pos Shop outlets in 2024, rapidly scaling both fulfilment and international business as well as launching a SaaS business unit.
Pos Malaysia Charles Brewer
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