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.