Business News

Published: Thursday February 28, 2013 MYT 12:00:00 AM
Updated: Wednesday April 17, 2013 MYT 1:15:35 AM

Malaysia Airlines reports net income after tax of RM51m in Q4

KUALA LUMPUR: Malaysia Airlines (MAS) reported net income after tax (NIAT) of RM51mil for the fourth quarter ended Dec 31, 2012 compared with net loss of RM1.3bil a year ago.

MAS said for FY2012, its net loss of tax narrowed sharply to RM433mil from a net loss of RM2.52bil in FY2011.

"Without the one-off provisions amounting to RM1.09bil recorded in Q4, 2011, NIAT for the fourth quarter 2012 registered an improvement of RM233mil. For the full year 2012, there was an improvement in the results of RM1bil," it said.

Tags / Keywords: News, Business, Malaysia Airlines, MAS, net income of RM51mil for Q4, 2012, Business

advertisement

  1. Property transactions dip, but house prices continue to rise
  2. 1MDB's annual land assessments set a precedent
  3. 1MDB and US firm in solar tie-up
  4. Liew's 2.76% stake in S P Setia traded off-market at RM3.95 per share
  5. Bulk of 1MDB loans guaranteed by Govt
  6. Daya Materials, Italy's Cimolai in mobile straddle transporter
  7. M'sian property market falls 10.9% in volume, rises 6.7% in value
  8. Auditors highlight several critical areas in 1MDB's books
  9. Malaysian billionaire Quek to take slice of Alam Maritim?
  10. 1MDB placed RM12.5bil out with foreign fund managers

advertisement

advertisement