Part & Parcel: Pos Malaysia's Growth Strategy

Ahmad Maghfur Usman, Nomura Research

03-Nov-16 09:20

Part & Parcel: Pos Malaysia's Growth Strategy

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Revenue for Pos Malaysia's mail segment came in at RM905m with mail volumes expected to decline by 5% steadily in the next 5 years. Growth will come from its courier & logistics segment with a potential tie-up with China conglomerate Alibaba, that also coincides with PM's Datuk Seri Najib Razak trip this week. Another postal tariff hike expected after General Elections next year could be a catalyst for earnings.

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Tags: Malaysia equities, Pos Malaysia, Alibaba, Jack Ma, KLAS, Postal tariff

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