Bullish outlook for MAHB on rising passenger traffic, PSC hike


PETALING JAYA: Malaysia Airports Holdings Bhd’s (MAHB) growth is expected to be driven by rising passenger traffic and the upcoming hike in passenger service charges (PSC).

Maybank Investment Bank (Maybank IB) Research said it remains bullish on MAHB and expects the group’s results in the fourth quarter of 2023 (4Q23) to come in strong.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

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

   

Next In Business News

BWYS inks underwriting agreement with M&A Securities for ACE Market IPO
Anthony Loke: Proposed MAHB privatisation boosts efficiency
Asian FX ease, stocks struggle for direction on US rate uncertainty
Gold prices head for second weekly gain on Fed rate-cut optimism
Oil set for weekly gain on signs of improving demand
BNM's initiatives help cushion pressure on the ringgit
Stocks drift on uncertainty over timing of US rate cuts
China to cut mortgage interest rates, home down-payment ratio to boost demand
Itmax secures RM105.3mil contract from DBKL
Maxis posts strong 1Q net profit of RM353mil

Others Also Read