AirAsia net profit dips on unfavourable forex and higher finance cost


PETALING JAYA: AirAsia Bhd’s net profit dropped 19.13% to RM245.36mil due to unfavourable foreign exchange (forex) rates and higher finance cost for the fourth quarter to Dec 31, 2013. This was on the back of unchanged revenue of RM1.35bil.

Earnings per share dropped to 8.8 sen from 10.9 sen previously.

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Business , AirAsia , forex , fourth quarter

   

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