Pos Laju to rake in RM700m revenue
Published on: Wednesday, December 13, 2017
Kuala Lumpur: Pos Malaysia Bhd expects its courier arm, Pos Laju to contribute a revenue of about RM700 million this year and sustain a growth of 20 to 21 per cent next year.Its Group Chief Operator, Azlan Shahrim said Pos Laju had been experiencing a robust growth of about 20 per cent in its courier services year-on-year for the past three years in line with the country's e-commerce expansion.He said Pos Laju had become the group's largest revenue contributor and this was expected to continue, driven by e-commerce growth even though it was still relatively low compared to that of other countries 20 to 25 per cent yearly.
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He was speaking to reporters after the launch of the 2017 Pos Laju Prepaid Xtravaganza Contest, officiated by Pos Malaysia outgoing Chief Executive Officer Mohd Shukrie Mohd, here Tuesday.Moving forward, Azlan said Pos Malaysia would continue to improve it services, including adding more touch points to make it more convenient for customers to reach the services.Currently, Pos Malaysia has about 700 post offices, 86 Pos Laju centres, 12 drive through counters, with plans afoot to add 20 more in the near term, and pick up service which is free for contracts customers.Azlan said Pos Malaysia currently has 22,000 contract customers who contributed about 45 per cent to its revenue.
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On the contest, Group Chief Commercial Officer Nor Azizan Tarja said it was organised in line with the year-end online sales to entice consumers to choose Pos Laju as their courier of choice, as well as to reward customers."We expect a few million of sales will be generated via this campaign, but considering it's a peak period, the idea is not to generate more sales since people would buy anyway, instead to reward customers who had been loyal to us," he said.
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