MAHB sees conservative passenger growth this year

More passengers: MIDF Research sees the visa relaxation for China passengers till year-end sustaining passenger growth for MAHB. — Bernama

KUALA LUMPUR: MIDF Research has maintained its “buy” call on Malaysia Airports Holdings Bhd (MAHB) with a target price of RM8.90.

“We strongly believe that MAHB passenger numbers can surpass the 100 million mark in 2019, while maintaining a relatively conservative growth rate of 3.5% at approximately 102.5 million passengers,” said MIDF following the release of its April passenger traffic numbers.