MAHB operations hit by travel ban

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) saw its net losses in the first quarter ended March 31,2021 widen sharply to RM221.29mil, as revenue was severely impacted by the prolonged movement control order (MCO) and interstate travel ban.

In a filing with Bursa Malaysia, MAHB said the net losses in the previous corresponding quarter was RM20.38mil. The first MCO was imposed in mid-March 2020.