Australia Post delivers strong parcel volumes and revenue growth while impact of COVID-19 continues
Performance for the six months to 31 December 2020: Group revenue at $4.3 billion, up 15.5 per cent on last year Parcels and Services revenue: $3.4 billion, up 25.9 per cent Letters: $0.9 billion revenue, volumes down 13.6 per cent Australia Post today announced group revenue for the first half of $4.3 billion, up 15.5 per cent year-on-year and Group profit before tax at $166.6 million, including letter losses of $74.2 million. Capital investment during the period increased to $189.4 million, up $40.3 million on last year, with continued investment to improve the business and increase the ca...
Source: miragenews.com
