Aviation Aviation segment contributed higher revenue to RM277.6 million mainly from higher in-flight catering and ground handling businesses. This is due to increased number of meals uplifted for commercial and umrah related flights. In addition, increased number of flights handled contributed positively to the ground handling revenue. Profit before tax increased to RM12.6 million from higher revenue during the period.
Others segment recorded higher revenue generated from sales of digital certificates due to increase of certificates issuance to new users. Profit before tax amounted to RM19.9 million... spin off semua segment yg ada profit ya
Others segment recorded higher revenue generated from sales of digital certificates due to increase of certificates issuance to new users. Profit before tax decreased to RM19.9 million
Pos Aviation expects to deliver improved year-on-year results, driven by increased flights, rising demand for in-flight catering, cargo handling and an increase in its aviation engineering business.
On 21 May 2024, Pos Logistics Berhad (“PLB”), an indirect wholly-owned subsidiary of Pos Malaysia Berhad, entered into a Share Sale and Purchase Agreement (“SPA”), in relation to the disposal of 100% equity interest in PNSL Berhad (“PNSL”) to SWA Shipping Sdn. Bhd. (“SWA”), for an indicative total consideration of RM123.2 million (“Proposed Disposal of PNSL”). On 19 August 2024, all the Conditions Precedent have been fulfilled and the SPA has become unconditional on even date (“Unconditional Date”). PLB and SWA had mutually agreed to amend the completion date from within 21 days from the Unconditional Date to within 111 days from the Unconditional Date for the parties to complete the proposed disposal.
syabas mat salleh ceo; The positive momentum in the postal segment has been fuelled by improved parcel volumes, bolstered by market share gains and a dedicated focus on cost management and network optimisation. This segment remains committed to its transformation agenda and revenue diversification, including the development of asset-lite international product offerings.
Pos Aviation anticipates continued year-on-year uplift growth, driven by increased flight operations, a surge in demand for in-flight catering, and growth in cargo handling and aviation engineering services. This segment is well-poised to capitalise on the rising travel and logistics demands.
"Whilst still a very challenging environment, we are pleased to see improvements across our key segments, particularly in postal and aviation, as we continue to execute our transformation strategy," said Charles Brewer, Group CEO of Pos Malaysia. "Our team's dedication to innovation and operational excellence is positioning us for a stronger future, and despite the environment we remain focused of delivering a ‘better tomorrow’."
Stay connected with Pos Malaysia via www.pos.com.my, or follow us on Facebook, X, Instagram, Tik Tok, YouTube and LinkedIn.
financial reengineering dalam drb between pos and bank muamalat... salah satu jalan keluar dengan pantas. IPO for profitable segments dalam pos jugak macam tony lakukan bagi aax, a capital and tunepro
Pos Malaysia Berhad (Pos Malaysia) Pos Malaysia is Malaysia's national post and parcel service provider, holding the sole mandate to deliver services under the universal postal service obligation for the country. With a proud history spanning over 200 years, the group has diversified beyond traditional mail and parcel services to offer end-toend logistics solutions and varied products through our aviation, retail, logistics and digital services. We have pivoted from a mail company that also delivers parcels to a parcel delivery company that also delivers mail. Our purpose is, we are passionate about building trust to connect lives and businesses for a better tomorrow. Pos Malaysia has an unparalleled last-mile reach, delivering to more than 11 million addresses nationwide. With a network of over 3,500 touchpoints across the country, we connect with the Rakyat throughout Malaysia, providing the most comprehensive retail network in the nation. Pos Malaysia is majority-owned by the conglomerate DRB-HICOM Berhad.
boleh tahan sampai untung keseluruhan .. banyak aset lagi
CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION Note Unaudited as at Audited as at 30.09.2024 31.12.2023 RM'000 RM'000 ASSETS NON-CURRENT ASSETS Property, plant and equipment 491,598 673,357 Investment properties 40,460 40,450 Right-of-use assets 271,422 289,682 Intangible assets 120,378 122,370 Deferred tax assets 395 385 Investments in associates 40,982 40,867 Other investments 6,723 6,723 Derivative financial asset 1,626 1,626 973,584 1,175,460 CURRENT ASSETS Trade and other receivables 744,521 772,263 Other investments 5,656 8,475 Inventories 8,910 6,850 Current tax assets 3,005 2,449 Deposits placed with licensed banks 11,531 38,408 Cash and bank balances 114,896 170,181 Assets classified as held for sale 150,934 - 1,039,453 998,626 TOTAL ASSETS 2,013,037 2,174,086 EQUITY AND LIABILITIES Share capital 1,071,392 1,071,392 Reserves (703,980) (576,185) Equity attributable to Owners of the Company 367,412 495,207 Non-controlling interest 4,949 4,297 TOTAL EQUITY 372,361 499,504 NON-CURRENT LIABILITIES Loans and borrowings 20 152,000 113,583 Lease liabilities 68,510 70,561 Post-employment benefit obligations 575 548 Deferred tax liabilities 29,978 26,576 251,063 211,268 CURRENT LIABILITIES Loans and borrowings 20 292,524 391,420 Lease liabilities 32,413 43,158 Current tax liabilities 7,079 6,360 Trade and other payables 1,019,306 1,022,376 Liabilities classified as held for sale 38,291 - 1,389,613 1,463,314 TOTAL LIABILITIES 1,640,676 1,674,582 TOTAL EQUITY AND LIABILITIES 2,013,037 2,174,086
"9 Months Ended 30.09.2024" "9 Months Ended 30.09.2023" RM’000 RM’000 CASH FLOWS FROM OPERATING ACTIVITIES Loss before tax for the financial period (106,910) (74,244) Adjustments: - Depreciation of property, plant and equipment 68,164 80,102 - Depreciation of right-of-use assets 43,483 47,134 - Amortisation of intangible assets 1,989 1,989 - Amortisation of government grant (689) (1,035) - Change in fair value of investment properties (10) - - Net fair value gain of other investments: Financial assets at fair value through profit or loss (181) (640) - Finance costs 36,034 33,292 - Gain from derecognition of right-of-use assets (485) (434) - Gain on remeasurement of lease liabilities - (946) - Finance income (1,087) (2,248) - Net unrealised foreign exchange differences (12,451) 742 - Net gain on impairment of receivables (4,468) (8,714) - Gain on disposal of property, plant and equipment (572) (1,788) - Property, plant and equipment written off 505 96 - Net inventories written down 63 18 - Zakat 1,501 921 - Share of result of an associated company (net of tax) (115) 411 - Others 28 54 Operating profit before changes in working capital 24,799 74,710 Changes in working capital: Change in trade and other receivables and prepayment 10,936 (683) Change in trade and other payables 50,364 99,060 Cash generated from operations 86,099 173,087 Tax paid (13,657) (9,183) Tax refund 36 254 Finance cost paid (5,130) (4,704) Zakat paid (1,389) (628) Defined benefits paid - (38) Net cash generated from operating activities 65,959 158,788
aliran tunai dari operasi masih positif,,, dulu kaya, invested a lot in PPE, kini, depreciation tinggi.,,, kerugian kerani depreciation (non cash items).... so dapat bertahan sehingga untung keseluruhan,,, 2019 -2024 -- rugi keseluruhan ... ramai hairan ,.,, hei belum PN17, sebab depreciation banyak , aset dulu2... aliran cash flow masih ok... expert finance/accountant MIA faham kot
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (CONTINUED) "9 Months Ended 30.09.2024" "9 Months Ended 30.09.2023" RM’000 RM’000 CASH FLOWS FROM INVESTING ACTIVITIES Interest received 1,087 2,248 Acquisition of property, plant and equipment (34,519) (15,305) Proceeds from disposal of property, plant and equipment 3,529 2,955 Net proceeds from redemption of other investments 3,000 31,000 Increase in deposit pledged (17) (10) Proceeds from disposal of partial interest in a subsidiary company - 4,000 Net cash (used in)/ generated from investing activities (26,920) 24,888 CASH FLOWS FROM FINANCING ACTIVITIES Drawdown on borrowings 228,887 69,653 Finance cost paid (30,904) (28,588) Repayment of borrowings (255,004) (209,637) Repayment of hire purchase liabilities (837) (793) Repayment of lease liabilities (37,695) (39,973) Movement in restricted cash 17,296 (28,906) Share subscription in a subsidiary company by non- controlling interest shareholder - 6,370 Net cash used in financing activities (78,257) (231,874) NET DECREASE IN CASH AND CASH EQUIVALENTS (39,218) (48,198) Effects of foreign currency translation (745) (2,647) CASH AND CASH EQUIVALENTS AT BEGINNING OF THE FINANCIAL PERIOD 159,788 168,973 CASH AND CASH EQUIVALENTS AT END OF THE FINANCIAL PERIOD 119,825 118,128 Cash and cash equivalents included in the statement of cash flows comprise the following: Cash and bank balances 114,896 126,397 Deposits placed with licensed banks 11,531 46,535 Cash attributable to assets classified as held for sale 6,494 - Bank overdrafts (912) (830) 132,009 172,102 "Less: Collections on behalf of agency payables and money order payables**" (6,312) (18,068) Less: Deposits pledged (565) (548) Less: Restricted cash (5,307) (35,358) 119,825 118,128
gabungkan bank muamalat dengan pos, maybe, macam singpost jugak ada banking services
SingPost and DBS/POSB Partnership: SingPost has a partnership with DBS Bank and its POSB division, allowing customers to use SingPost's network of branches for banking transactions. For instance, POSB customers can access certain banking services, such as cash deposits, over the counter at SingPost outlets.
Digital Banking and e-Wallets: SingPost has also been involved in the development of digital banking and e-wallet platforms in collaboration with financial institutions, offering an easy way for consumers to manage their finances through their mobile apps and online systems.
Bank Services at SingPost Locations: Customers can perform some basic banking functions, such as depositing and withdrawing money, at designated SingPost outlets that are partnered with banks. This includes ATM access and banking kiosk services.
SingPost’s Role in Financial Services: Beyond physical banking, SingPost also offers various financial services in collaboration with local and international banks, such as remittance services and insurance distribution.
banyak opsyen bagi pos... pos & bank muamalat digabungkan oleh DRB DRb jual balik postal services kpd kerajaan, rename Logistics Malaysia Bhd instead of Pos Msia Bhd, dan banyak lagi
tunggu tindakan shit mokhtaik kroni mamak kutty masakini hehe
NBV 47sen, aliran tunai dari operasi masih positif... DRB masih pemegang syer pos terbesar... ok ok calculated risk untuk ROI luar biasa, tambah syer dalam pos, tak cukup jumlah kata haji bawang
Jual saje ler. Apa nak bising-bising? CEO dah maklum dari awal lagi bahawa business hantar surat dah masuk fasa senja. Dah makin tak relevan industri pos.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Good123
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Aviation
Aviation segment contributed higher revenue to RM277.6 million mainly from
higher in-flight catering and ground handling businesses. This is due to
increased number of meals uplifted for commercial and umrah related flights.
In addition, increased number of flights handled contributed positively to the
ground handling revenue.
Profit before tax increased to RM12.6 million from higher revenue during the
period.