MAHB operations hit by travel ban


KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) saw its net losses in the first quarter ended March 31,2021 widen sharply to RM221.29mil, as revenue was severely impacted by the prolonged movement control order (MCO) and interstate travel ban.

In a filing with Bursa Malaysia, MAHB said the net losses in the previous corresponding quarter was RM20.38mil. The first MCO was imposed in mid-March 2020.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Building a firm facade
Portfolio positioning under Trump era
Singapore playing roulette with casino licensing
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Bidding big on Malaysian art
Inflation rises slightly in October
Shedding light on power sector prospects
EQ expands to Thailand

Others Also Read