MAHB's 3Q net profit jumps over two-fold

Quick Summary:

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) anticipates further growth as the financial year ending Dec 31, 2004 (FY24) comes to a close, with passenger traffic expected to near pre-pandemic levels.

MAHB’s prospects for the coming year appear promising, with a robust recovery trajectory, strategic initiatives to boost passenger numbers, and positive industry forecasts.“We remain optimistic about the continued growth and success of MAHB, driven by the collective efforts to ensure a seamless and enjoyable travel experience for all passengers,” it added.Hyundai to invest RM2.

In the third quarter ended Sept 30, MAHB’s net profit more than doubled to RM210.4mil, up from RM94.7mil in the year-ago quarter.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaIndia

Topics: Airlines MAHB /Business/Business News Travel Corporate News Malaysia Airports Passenger traffic

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 17:52:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 265 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 38 words per sentence (average)

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Copyright Owner: © The Star

News ID: 23885001

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