High flyer: For the six-month period ended June 30, AirAsia’s net profit grew to RM1.5bil from RM762.40mil in the previous corresponding period, while revenue improved to RM5.18bil from RM4.6bil a year earlier. — Reuters
PETALING JAYA: AirAsia Group Bhd’s net profit for the second quarter ended June 30 soared 147% to RM361.81mil from RM146.52mil in the previous corresponding period due to the reversal of deferred tax on the sale of aircraft.
In a filing with Bursa Malaysia yesterday, the low-cost carrier said revenue in the second quarter increased to RM2.62bil from RM2.38bil a year earlier.
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