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PETALING JAYA: Shares of AirAsia Bhd and AirAsia X Bhd (AAX) rose to a 10-month high on the back of strong revenue improvement and passenger growth.
KUALA LUMPUR: CIMB Research says AirAsia Bhd’s financial year ended Dec 31, 2015 (FY15) group core net profit of RM653mil is much better than its estimate for a RM41mil loss, even if it strips out RM450mil in maintenance revenue accrual.
KUALA LUMPUR: AirAsia X posted net profit of RM201.58mil in the fourth quarter ended Dec 31, 2015 (Q4, FY15) – the first net profit after eight quarters of losses since Q4, 2013 -- boosted by better operating performance, other income, forex gain and deferred taxation.
KUALA LUMPUR: AirAsia Bhd posted net losses of RM405.73mil in the third quarter ended Sept 30, 2015 as its bottomline took a hit from the Indonesia operations despite stronger overall operating profit.
SEPANG: Low-cost carrier AirAsia Bhd recorded a weaker set of numbers for its second quarter ended June 30 due to an unrealised foreign exchange (forex) loss on borrowings and a one-off finance cost related to the termination of borrowings for a sale of leaseback of aircraft.
KUALA LUMPUR: AirAsia Bhd posted earnings of RM243.03mil in the second quarter ended June 30, 2015, which was 33.8% lower from the RM367.15mil a year ago following the unrealised foreign exchange loss on borrowings of RM43.59mil and one-off costs related to the sale of leaseback of aircraft.