MAHB posts 3Q net profit of RM95mil

PETALING JAYA: Malaysia Airports Holdings Bhd (MAHB) posted a net profit of RM94.76mil for the third quarter ended Sept 30, 2023 (3Q23) versus a net loss of RM9.04mil amid improved revenue and share of profits from associates and joint ventures and lower finance costs.

Revenue climbed to RM1.28bil from RM863.61mil in 3Q22 driven by higher passenger volumes.

MAHB said the improved performance was contributed by airline route expansions. — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Japan's Nikkei hits record high as Nvidia lifts Asian tech
Trade, investment targets in 2024 achievable - Tengku Zafrul
Thai PM to keep pressing for rate cut, seeks chief meeting
CIMB Niaga reports record-high PBT of 8.4 trillion rupiah in FY23
E&O's net profit rises to RM34.44mil in 3Q
Sime Darby Plantation optimistic over satisfactory performance in FY24
Axiata records revenue growth from continuing ops in FY23
Maxis posts service revenue, Ebitda growth in FY23
FBM KLCI down amid gobal tech rally
Japan's Nikkei hits record high after Nvidia beat, rest of Asia muted

Others Also Read