Lower earnings for MAHB on higher costs


Better outlook: MAHB’s Istanbul Sabiha Gokcen International Airport is expected to register 34 million passenger movements this year, in line with the stable economic growth in Turkey.

PETALING JAYA: Malaysia Airports Holdings Bhd’s (MAHB) net profit for its fourth quarter ended Dec 31, 2017 declined by about 16% on higher costs and losses from its Turkish operations, amid a stronger top line.

The airport operator said its bottom line had fallen to RM27.86mil in the quarter from RM33.32mil a year earlier.

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Business , MAHB , earnings , costs , Turkish , operations , shares ,

   

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