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


  1. Saving in fixed deposits is so safe that it’s risky!
  2. Hot money returns to Asia, M'sia seen to gain
  3. New benchmark for office space, Pusat Bandar Damansara at RM1,200 range
  4. Nadayu plans RM1.5bil projects, four in Klang Valley one in Penang
  5. Premium car brands eye China's secondhand market
  6. Critical illness insurance coverage widens
  7. Breathing life into Mazda
  8. An interest rate increase in July does not seem plausible anymore
  9. Datasonic bags RM292.2mil contract to supply MyKad
  10. Four in 5 parents wished they had saved earlier for education