MAHB net loss narrows to RM766mil in FY21 on reduction of core expenses

KUALA LUMPUR: Malaysia Airports Holdings Bhd's (MAHB) net loss narrowed to RM766.44 million for the financial year ended Dec 31, 2021 (FY2021) from a net loss of RM1.12 billion last year, due to a further reduction in core operational expenses by 11 per cent as well as an increase in other incomes.

In addition, the airport operator said its loss for FY2021 "was mitigated by the recognition of deferred tax asset recognised arising from the current year's business losses.”