[POS MALAYSIA BHD，邮政服务业务充满挑战，数字化服务导致客户进行更多线上和移动平台交易，邮件数量持续下降，行业产能过剩]

截至二零一八年六月三十日止财政期间，大马邮政录得较低收入5.905亿令吉，而截至二零一七年六月三十日止前一个同期则为6.116亿令吉。这减少了2120万令吉或相当于3.5％。

邮政服务：
邮政服务收入较低，为1.72亿令吉，而去年同期为1.927亿令吉。这是由于传统邮件量的持续下降，主要是被电子邮件替代。

信使：
与2017年6月30日结束的上一个截至同期的1.816亿令吉相比，信使的收入增加到2.045亿令吉。

国际：
国际收入减少990万令吉，主要是由于失去一个主要客户账户导致转运量下降。

物流：
物流业务的收入减少了2480万令吉，主要来自项目物流的下降，即Pengerang的炼油和石化综合开发项目（“RAPID”），因为它处于完工的最后阶段。

航空：
与截至2017年6月30日止的同期相比，航空增加了1,040万令吉，主要是由于处理的货物吨位增加所致。

其他：
包括印刷，数字证书和Ar Rahnu在内的其他部门收入略有增加（100万令吉），主要是由于Datapos的收入增加。

截至2018年6月30日止财政期间，税前溢利由截至2017年6月30日止的相应季度的4,330万令吉减少至1,300万令吉。下降的原因是邮政服务，国际及物流业务的收入减少，加上随着成本的增加，即销售成本和营业费用以及财务成本。

截至2018年6月30日止大马邮政的税前利润为1,300万令吉，而截至2018年3月31日止的季度则为2880万令吉，主要由于收入减少6,220万令吉及其他收入减少2200万令吉所致，但被销售和运营费用降低了6470万令吉所抵消。

前景：
他们的邮政服务业务部门仍然充满挑战，因为各种类型的数字化服务导致客户进行更多线上和移动平台交易而不是在邮局，例如通过账单支付，邮件数量持续下降，邮局零售交易量也减少。

由于行业产能过剩以及马来西亚主要基础设施项目的整合，Pos Malaysia的物流业务部门仍然充满挑战。乘客和地面处理业务充满竞争性，因此在保持其效率的同时增加市场份额是业务可持续性的关键。
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James Ng Stock Pick Performance:
Since Recommended Return:

1) Gtronic (GLOBETRONICS TECHNOLOGY BHD), recommended on 8 Jul 18, initial price was RM2.17, rose to RM2.75 in 1 month 19 days, total return is 26.7%

2) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM0.835 in 15 days, total return is 16.8%

3) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM0.885 in 1 month 26 days, total return is 11.3%

我希望将我的策略分享给读者，希望他们在阅读后能够表现出色。我正在使用基本面分析（Fundamental Analysis）：

预计公司每年的增长率必须> 14％

我想说服读者学习基本面分析FA以便能从股市赚钱。

我为想从马来西亚股票市场赚钱的读者提供STOCK PICK服务。想订阅我的邮件以从股票市场获取良好回报的人，可以通过 jamesngshare@gmail.com 或我的FB页面 https://web.facebook.com/jamesshareinvest/ 与我联系

为了方便大家查询我写过的公司和选股文章，制作了索引。大家只要依照日期，就能从这 https://klse.i3investor.com/blogs/general/170872.jsp 找到公司和选股文章。

James的股票投资James Share Investing Blog: https://klse.i3investor.com/blogs/general/

James的股票投资James Share Investing Blog Index: https://klse.i3investor.com/blogs/general/blidx.jsp

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最终决定永远是你的，谢谢。

James Ng
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[POS MALAYSIA BHD, Postal Services business segment remains challenging, customers carrying out transactions via online and mobile platforms, decline in mail volumes, industry overcapacity]

The Group recorded lower revenue of RM590.5 million for the financial period ended 30 June 2018 as compared to RM611.6 million in the previous corresponding period ended 30 June 2017. This represents a decrease of RM21.2 million or equivalent to 3.5%.

Postal Services:
Postal Services registered lower revenue of RM172.0 million as compared to RM192.7 million. This is due to continuous decline in traditional mail volume largely due to electronic substitution.

Courier:
Courier recorded higher revenue of RM204.5 million compared to RM181.6 million registered in the previous corresponding period ended 30 June 2017.

International:
International revenue dropped by RM9.9 million largely due to lower volume in transhipment pursuant to a loss in one major customer’s account.

Logistics:
Logistics registered lower revenue by RM24.8 million mainly from the drop in project logistics namely Refinery and Petrochemical Integrated Development Project (“RAPID”) in Pengerang as it is in the last stage of completion.

Aviation:
Aviation increased by RM10.4 million compared to previous corresponding period ended 30 June 2017 mainly contributed by higher tonnage of cargo handled.

Others:
Other segments which consist of printing and insertion, digital certificates and Ar Rahnu, generated a marginal increase in revenue of RM1.0 million mainly due to higher revenue from Datapos.

For the financial period ended 30 June 2018, profit before tax has reduced to RM13.0 million from RM43.3 million in the corresponding quarter ended 30 June 2017. The drop is due to lower revenue registered from postal services, international and logistics segments coupled with the increase in costs namely cost of sales and operating expenses as well as finance costs.

The group recorded a lower profit before tax of RM13.0 million in the current quarter ended 30 June 2018 compared to RM28.8 million in the preceding quarter ended 31 March 2018 mainly due to lower revenue by RM62.2 million and lower other income by RM22.0 million offset by lower cost of sales and operating expenses by RM64.7 million.

Prospects:
Their Postal Services business segment remains challenging due to the continued decline in mail volumes and also lower retail transaction volumes at their post offices as a result of the digitalisation of various type of services that has resulted in customers carrying out more transactions such as bill payments via online and mobile platforms; rather than at post offices.

Pos Malaysia’s Logistics business segment also remains challenging due to industry overcapacity and also the consolidation of major infrastructure projects in Malaysia. The passenger and ground handling businesses are competitive and therefore growing their market share while maintaining their efficiency is key to business sustainability.
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James Ng Stock Pick Performance:
Since Recommended Return:

1) Gtronic (GLOBETRONICS TECHNOLOGY BHD), recommended on 8 Jul 18, initial price was RM2.17, rose to RM2.75 in 1 month 19 days, total return is 26.7%

2) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM0.835 in 15 days, total return is 16.8%

3) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM0.885 in 1 month 26 days, total return is 11.3%

I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:

the forecasted growth of a company must > 14% per year

I wish to convince readers to learn FA in order to make money from stock market.

I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at jamesngshare@gmail.com or PM me in my FB page https://web.facebook.com/jamesshareinvest/

In order to facilitate the query of the company and stock picking articles I have written, an index has been produced. Everyone can find company and stock picking articles from https://klse.i3investor.com/blogs/general/170872.jsp by date.

James的股票投资James Share Investing Blog: https://klse.i3investor.com/blogs/general/

James的股票投资James Share Investing Blog Index: https://klse.i3investor.com/blogs/general/blidx.jsp

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Final decision is always yours, thank you.

James Ng