KUALA LUMPUR: Malaysian Airline System Bhd (MAS) posted net losses of RM343.44mil in the fourth quarter ended Dec 31, 2013 compared with net profit of RM51.37mil a year ago as it expects the business environment to remain challenging.
It said on Tuesday it was impacted by higher operating expenditure and finance costs. Revenue rose 0.8% to RM3.896bil from RM3.866bil a year ago. Loss per share was 2.06 sen compared with earnings per share of 0.72 sen.
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