MAHB records 4Q net loss of RM685.02mil


KUALA LUMPUR: Hit by the ongoing revenue slump, Malaysia Airports Holdings Bhd recorded a net loss of RM685.02mil in the fourth quarter ended Dec 31, 2020, versus a net profit of RM29.51mil in the year-ago quarter.

The airports operator said revenue in the quarter dove 80.4% to RM263.64mil from RM1.34bil in 4QFY19, as the Covid-19 lockdowns continued to disrupt air travel operations.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MAHB , airports , air travel , aviation

Next In Business News

Bursa poised to perform better next year
SIB disposes of Seremban land for RM25mil
Malaysia’s AAA sovereign rating affirmed
Nexgram focuses on core operations
Borneo Oil’s associate seeks Nasdaq listing
Nam Cheong nets US$20.5mil in vessel sale
Trive Property to bank on its rental income
Consumer sector posts ESG compliance gains
NuEnergy disposes of non-core asset
PLB Engineering flagged for material uncertainty

Others Also Read