MAHB posts 1Q net loss of RM20.38m, battered by Covid-19, travel curbs


MAHB reported on Friday the net loss was RM20.38mil, a stark contrast from the net profit of RM149.58mil a year ago. Its revenue fell by 25.4% to RM933.83mil from RM1.25bil. Loss per share was 2.09 sen compared with earnings per share of 8.16 sen.

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) sank into the red in the first quarter ended March 31,2020 as its revenue was impacted by the Covid-19 pandemic and travel curbs imposed by Malaysia and other countries.

MAHB reported on Friday the net loss was RM20.38mil, a stark contrast from the net profit of RM149.58mil a year ago. Its revenue fell by 25.4% to RM933.83mil from RM1.25bil. Loss per share was 2.09 sen compared with earnings per share of 8.16 sen.

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AHB , Cvid-19 , travel curbs , passenger traffic

   

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