Pos Malaysia Bhd registered a higher pre-tax profit of RM48.699 million in the first quarter ended March 31, 2011, compared with RM9.418 million recorded the same period last year.

The company's revenue increased to RM304.509 million, from RM231.079 million, registered previously.

With the full year impact of the new tariff structure for its regulated mail products and the on-going transformation initiatives, the board is optimistic the group's performance will be favourable during the financial year. -- Bernama