Malaysia Airports Holding Bhd (MAHB) swung into the red in the final quarter of FY15 when it sustained losses from the Turkey operations.
MAHB announced on Wednesday it posted net losses of RM42.90mil in the fourth quarter compared with earnings of RM577.73mil a year ago. Loss per share was 6.34 sen compared with earnings per share of 42.73 sen. Revenue increased to RM1.03bil from RM711.33mil.
MAHB said it recorded a loss before taxation and zakat (LBT) for Q4 of RM58.1mil from profit before taxation (PBT) of RM597.5mil which was an unfavourable variance of 109.7% or RM651.7mil.
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MAHB announced on Wednesday it posted net losses of RM42.90mil in the fourth quarter compared with earnings of RM577.73mil a year ago. Loss per share was 6.34 sen compared with earnings per share of 42.73 sen. Revenue increased to RM1.03bil from RM711.33mil.
MAHB said it recorded a loss before taxation and zakat (LBT) for Q4 of RM58.1mil from profit before taxation (PBT) of RM597.5mil which was an unfavourable variance of 109.7% or RM651.7mil.
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