MAHB’s revenue for the current quarter (Q3) increased by 47.8% over the corresponding quarter in the prior year to RM1,276.3 million. This growth was driven by higher passenger volumes resulting from the airline route expansion and the resumption of Northern Asia traffic flights, the launch of new airline operations, summer season travel, and a series of public and school holidays within the current quarter under review.
The group recorded a profit of RM94 million against a loss of RM8 million in the previous year’s quarter.
Revenue from airport operations increased by 49.7% from RM799.3 million to RM1,196.3 million. Aeronautical segment revenue increased from RM449.8 million to RM701.8 million as compared to the corresponding quarter in the prior year. This surge was driven by the recovery in traffic, with total passenger numbers for the Group reaching 32.7 million from 24.1 million passengers in the corresponding quarter last year.
In the current quarter under review, the Group recorded a PBT of RM87.1 million, a marked improvement compared to LBT of RM19.1 million in the corresponding quarter in the prior year. This favourable performance is attributable to increased in revenue, other income, an improved share of profits from associates and joint ventures and lower finance cost for the period.
