Slowing but continued mail volume declines and lower interest income drove a 3% drop in total revenue for Chunghwa Post in 2019.
Domestic mail volumes dropped 6% year on year, while international volumes grew 7%, driven by increased transit volumes from China. Increased competition slowed growth in parcels and express volumes, with domestic volumes growing less than 1% as a result of falling express demand. To increase competitiveness in e-commerce delivery, the post is investing in rapid expansion of its parcel locker network. For more details download the latest IPC Carrier Intelligence Report for Chunghwa Post.
If your company has not yet subscribed to IPC’s Carrier Intelligence Reports, please visit this page or email us at [email protected].
