NEET 04/27/2023 (Thu) 06:40 No.697259 del
>Australia Post has announced its first half of the 2023 financial year (1H23) results, which revealed that revenue was $4.69 billion, down 2.4 per cent from a year ago, largely driven by an ongoing decline in letter volumes.
>The results showed that its profit before tax of $23.6 million was considerably lower than the prior corresponding period – largely the result of a record first-half letters loss of $189.7 million, compared to $69.9 million in the first half of the 2022 financial year.
https://www.sprinter.com.au/auspost-1h23-report-reveals-declining-letter-revenue-pvca-speaks-out/