Canada Post this year first quarter loss of $27000000

The latest data show that the first quarter of 2014, Canada Post pre tax loss of $37000000, the situation is slightly better than the same period last year.
The same period last year the center of Vancouver as the company mail processing equipment sales, disposable income increased $109000000, excluding the period of $51000000 of pre tax profits, a quarter performance is slightly better than the same period last year.
A quarter, revenue fell 3% to $1470000000. As more Canadians choose electronic mode of bills and reports, Canada Post Core mail business quarter trading volume fell 6.9%, pre tax loss of $27000000.
Due to the transaction messages appear 79000000 decline, leading to a quarter of the company revenue fell 50000000 dollars.
Canada Post said, 3 at the end of the entry into force of the letter grading pricing mechanism will improve the transaction mail service. Direct mail business downturn, revenue fell 4.9%, drop compared to the same period 3.2% volume of business.
Because of the rapid growth in online retailing, the quarter of the domestic package business volume grew 4.9%, to promote the development of the parcel business, parcel business income increase of $23000000, an increase of 7.1%.
Purolator Parcel Service Canada Post its first quarter net loss of $9000000, unchanged from the same period last year, increased income of $7000000, $386000000, an increase of 1.2%.
Canada Post said, the company has taken five measures to deal with the situation, financial losses, including delivery to door into the community mailbox, 11 community first will be put into operation in the autumn of 2014.
MYEX Minya Express International
2014-06-12