MAHB in for lower profit


Travel hitch: Giant LCD displays at the MAHB-operated KL International Airport. The company is expected to marginally break even next year.

PETALING JAYA: With the collapse in air travel demand due to the coronavirus (Covid-19) pandemic, Malaysia Airports Holdings Bhd (MAHB) is expected to report a loss this year and marginally break even the next.

Maybank Investment Bank Research (Maybank IB) is not expecting a dividend payout this year, given the depressed air sector scenario. But the catalyst for any change in earnings expectations would be the lifting of the movement control order (MCO) and air travel demand picking up again.

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MAHB , airports , Covid-19 , depressed air sector

   

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