MAHB on track for record earnings in FY2024, says HLIB

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

It affirms ‘buy’ call on the group, with an unchanged target price of RM8.50.

PETALING JAYA: Malaysia Airports Holdings Bhd is set to benefit from the recovery of the air travel industry, according to Hong Leong Investment Bank .

“We expect MAHB to continue record earnings recovery in coming quarters, achieving RM544 million in financial year 2023 and a new record earnings of RM749 million in FY2024,” said HLIB. “This is still on track to achieve HLIB’s projection of 87.6 million for 2023,” said HLIB analyst Daniel Wong.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines