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Canada Post segment reports $254-million loss before tax in the second quarter
OTTAWA – Canada Post recorded a loss before tax of $254 million in the second quarter of 2023 as revenue fell across all lines of business.
Read moreCanada Post segment reports $50-million loss before tax in second quarter
The Canada Post segment recorded a loss before tax of $50 million for the second quarter of 2019, as continuing declines in mail volumes were offset by parcels volumes growth that was more modest than the significant growth rates of a year ago.
Read moreCanada Post segment records $1 million profit before tax in second quarter
Benefitting from savings from its business transformation efforts in the previous year, and on the strength of its Parcels line of business, the Canada Post segment recorded a small profit before tax of $1 million in the second quarter. This essentially break-even result compares to a loss before tax of $31 million in the same period a year ago.
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