Australia Post records $200 million loss
Australia Post reported a loss before taxes of $200.3 million last financial year, as mounting issues in its letters business continue to threaten the national mail carrier's outlook.
Source: skynews.com.au
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Australia Post records a $200 million pre-tax loss for 2023
Australia Post today announced its full year 2023 financial year results, recording a $200 million pre-tax loss, its second since it became a self-funded Government Business Enterprise (GBE) in 1989. Further losses are expected unless Australia Post can secure the necessary support required to modernise its business.
Source: postandparcel.info