RHB keeps 'Buy' on MAHB, raises TP to RM9.25


KUALA LUMPUR: RHB research has raised its earnings estimates for Malaysia Airports Holdings Bhd (MAHB) as it assumes a higher non-aeronautical revenue for its operations in Turkey.

According to the research house, MAHB beat its expectations in the recently concluded quarter due to the performance of the Turkey operations, which registered its first positive pre-tax profit of RM28.1mil.

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