Strong rebound in earnings likely for MAHB

UOBKH Research said MAHB’s near-term earnings outlook remains resilient.

PETALING JAYA: UOB Kay Hian (UOBKH) Research is maintaining a “buy” call on Malaysia Airports Holdings Bhd (MAHB) with a higher target price of RM8.32 from RM8.16 on the back of an anticipated recovery in travel this year.

In a note, the research house said MAHB will be the prime beneficiary of the recovery in the aviation sector while anticipating the group will record a strong rebound in earnings in the upcoming quarters backed by improved passenger throughput.