MALAYSIA Airlines (MAS) managed to swing back into profitability with a net profit of RM230mil for the third quarter ended Dec 31, 2003, on higher passenger and cargo load.
It reported sales of RM2.5bil, a 11.7% improvement over the RM2.2bil a year ago. Earnings per share, at 18.3 sen, was much lower than the 42.91 sen recorded in the corresponding period a year ago, as net profit fell 30.4% from the RM330mil before.
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