Boost from forex gains... AirAsia recorded significant net profit growth in the second quarter, helped by foreign exchange gains, even though net operating profit was lower.
During the period in review, Asia’s leading low-cost carrier posted a forex gain of RM202.9mil, compared with a forex loss of RM122.2mil previously.
The significant gains resulted in AirAsia’s earnings per share (EPS) rising to 13.2 sen for the three months to June from 2.1 sen in the previous corresponding period.
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