Domestic travel to help support AirAsia earnings


KUALA LUMPUR: MIDF research has slashed earnings estimates for AirAsia Group Bhd in light of the Malaysian government's decision to implement a movement control order from March 18 to 31, 2020.

"Following the revision in our earnings estimates, we revised our target price to RM0.63 per share (from RM1.03 previously).

Get 30% off with our ads free Premium Plan

Monthly Plan

RM9.73/month

Annual Plan

RM8.63/month

Billed as RM103.60/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!

   

Next In Business News

Amazon to replace Walgreens in Dow Jones Industrial Average
Trading ideas: Teo Seong, Globetronics, Green Packet, SunCon, KLK, Star Media, Gas Malaysia, CelcomDigi, Hume Cement and Supermax
IKN ‘more upbeat’ on investment after election
KPJ to focus on Malaysia for now
Thai PM pleads with central bank to reduce policy rate before April
CelcomDigi expects growth in FY24
A dark day for the ringgit
Vietnam needs support policies to develop green energy sector
IATA chief: Green jet fuel levy a sensible move
China cuts benchmark lending rate in a bid to boost economy

Others Also Read