Malaysia Airports Holdings Berhad Records Rm160.7 Million Net Profit
Second consecutive quarter of net profits recorded in both Malaysia and Türkiye operations
Second consecutive quarter of net profits recorded in both Malaysia and Türkiye operations
Net profits recorded at both Malaysia and Türkiye operations, the first time since pandemic
Improved earnings driven by higher passengers, improvement in cost efficiency, reduction in utilisation fees and better share of results from associates and joint ventures
Sepang – The Malaysia Airports Group has reported EBITDA of RM186.9 million for its financial period ended 31 March 2022 (1Q22), a significant improvement compared to the negative RM16.2 million recorded over the same period last year (1Q21). The significant improvement in Group EBITDA was largely in line with the traffic recovery for both of the Group’s operations for Malaysia and Turkey.
HIGHLIGHTS FOR THE 3 MONTHS ENDED 31 MARCH 2020 (1Q2020)