Malaysia post express business to boost profits for the third quarter of 2012 increased by 12%

Malaysia post announced recently, thanks to strong growth in the express business, compared with the same period last year, the company's third quarter 2012 profit growth of 12%.
The Malaysia Post said, in the global economic slowdown in the growth of the situation, Malaysia economic development situation is good, compared with the same period last year, in 2012 second quarter economic growth of 5.4%, compared with the first quarter increased 4.9%.
The first half of 2012, Malaysia postal mail business income amounts to 351300000 Malaysia dollars (US $115000000, accounting for about 57% of the group's turnover ), express delivery business income amounts to 147300000 Malaysia dollars (US $48200000, accounting for 24% of the group's turnover ), retail business income amounts to 87700000 Malaysia dollars (US $28700000, accounting for the group achieved a turnover of 14% ).
As of now, Malaysia Post Courier sector profits rose 67%, to 33500000 Malaysia dollars (US $10900000 ), but the post department 's profit fell 3.5%, to 58700000 Malaysia dollars ( US $19200000).
The first half of 2012, Malaysia postal retail sector loss is bigger, the business income of 21600000 Malaysia dollars ( US $7000000).
The Malaysia Post said, compared with the same period last year, although the post department the first half of 2012 international mail and commercial mail revenue increased 12.6% and 13.3%. But produced a higher depreciation expense and staff costs, the Department at the same time, the prepaid mail income, free mail, registered letter mail revenue income and income decreased by 3.4%, 4.7%, 11.8% and 5.7%.
MYEX min Asia International Express
2013-01-17