Malaysia Airports net profit up 86% in Q2

Malaysia Airports Holdings Bhd manages 39 airports in Malaysia, including the Kuala Lumpur International Airport and Kuala Lumpur International Airport 2 in Sepang. – The Malaysian Insight file pic, August 30, 2019.

MALAYSIA Airports Holdings Bhd (MAHB) saw a 85.88% surge in net profit in the second quarter (Q2), to RM160.08 million from RM86.12 millio in the same period last year.

Revenue improved to RM1.26 billion from RM1.15 billion previously, the airport operator said in a filing with Bursa Malaysia today, attributing its performance to higher passenger growth.

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