AAX earnings up in Q1 on lower expenses


Fernandes claimed that AirAsia X was

PETALING JAYA: Lower expenses helped lift AirAsia X Bhd’s (AAX) earnings despite lower revenue.

The long-haul budget carrier’s net profit improved 4.4% to RM43.3mil for the first quarter ended March 31, 2019, from RM41.5mil in the previous corresponding quarter. The group’s earnings per share were unchanged at one sen.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

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!

AirAsia X , earnings , up , Q1 , lower expenses , revenue , Bursa , passenger ,

   

Next In Business News

Businesses concerned about rising forex woes
Booming eCommerce bolsters consumption
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023
Fernandes on board Capital A for five more years
China’s prices are too low for buyers to sweat about tariffs
UK firms told to ‘urgently review’ green claims
Inta Bina benefits from robust property sector

Others Also Read