Five-fold jump in MAHB’s Q2 profit


The international ratings agency said the change in outlook was because of the heightened operating challenges for MAHB

PETALING JAYA: Malaysia Airports Holdings Bhd’s (MAHB) earnings for the second quarter ended June 30 saw a five-fold increase to RM66.9mil on a higher contribution from its Malaysian operations.

The airport operator told the stock exchange that the increase in net profit for the quarter was negated by a higher loss before taxation (LBT) from its overseas operations.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Malaysia Airports , aviation , MAHB , earnings , stocks ,

   

Next In Business News

Ringgit likely to trade at around 4.50 against US dollar next week
Oil posts 4th straight weekly gain on US sanctions
Key Asia Alliance still locked out of growth and profitability
A sparkling enterprise
Choosing the right REIT
It's all systems go for digital thrust
Taking Malaysia beyond the stars
The warm charm of snowy Harbin
Tech sector under duress
China stocks set for wild ride

Others Also Read