Latest results propel Malaysia Airports

Strong growth: Travellers making their way to check-in counters at KLIA2. AffinHwang said the MAHB’s improved performance was due to robust passenger growth in its Malaysian operations.

PETALING JAYA: Shares in Malaysia Airports Holdings Bhd (MAHB) jumped to its highest level in more than a year after its first quarter results ended March 31 came in better than what the market had expected.

But its seemingly steep valuations are a turnoff for stock analysts.