Teleport’s strategy pays off despite tariff uncertainties for strongest Q1 performance
KUALA LUMPUR, 30 MAY 2025 – Teleport delivered its strongest ever first quarter performance, achieving RM258 million in revenue, up 15% YoY (23% YoY on a constant-currency basis). eCommerce revenue rose 39% YoY to RM81 million, driven by a 44% YoY increase in parcels moved to 27.8 million. Teleport’s asset-light network currently has over 50 partners, contributing 40% of total revenue, up 11ppts YoY. Disciplined cost management also led to its highest 1Q EBITDA, a 14% YoY improvement despite seasonal softness due to Chinese New Year and Eid holidays. This also translated into a positive NOP of RM0.42 million, a marked improvement from the loss reported in the prior year. Strong service level agreement (SLA) performance raised eCommerce volume share, for a new daily parcel peak of 509,000. 1Q also saw the completion of three key airport infrastructure investments in Malaysia that improve e-Commerce throughput, including Teleport’s eCommerce Hub.
CEO of Teleport, Pete Chareonwongsak comments on the business outlook:
“Teleport’s first quarter performance demonstrates our operational resilience, despite how uncertain the market is. This resilience is anchored by our asset-light model, customer trust, and the right technology to improve reliability even with increased scale. Our asset-light network delivers higher growth at lower costs, enabling us to consistently meet—and exceed—customer expectations and improve margins. In 2025, Teleport is doubling down on technology to enhance speed, efficiency and visibility across our first-to-last mile movements to reinforce trust in our operations. We believe our operational resilience is the foundation for our growth and we remain on track to hit 2 million parcels per day by year-end.”
Teleport is a subsidiary of Capital A Berhad (KLSE: CAPITALA). This statement is extracted from Capital A’s official Q1 2025 financial results announcement.
Download the full Capital A press release [here]