MAHB expects KLIA2 to add on to profit

With the opening of KLIA2, which has a capacity of 45 million passengers, KLIA now has a total capacity to handle 70 million passengers per annum.

Malaysia Airports Holdings Bhd (MAHB) has been on a turbulent ride as it continues to be saddled with criticisms against KLIA2 while dealing with a steeply lower net profit in the latest quarterly results.

The airport operator’s share price fell 15 sen to RM7.08 this week following its third-quarter earnings report. Prior to that, MAHB announced its acquisition of the remaining 40% that it did not own in Istanbul Sabiha Gokcen International Airport (ISG).