Capital A posts RM1.1bil net profit in 2Q

KUALA LUMPUR Capital A Bhd is confident of the aviation sector's prospects moving forward, following a stellar turnaround in its second quarter ended June 30, 2023.

The group churned a net profit of RM1.12bil compared with a net loss of RM931.22mil in the same quarter a year ago, on the back of year-on-year revenue for the quarter that more than doubled to RM3.15bil.