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Malaysia Airports Holdings aims to double annual revenuesMalaysia Airports Holdings aims to double annual revenues
Nicole Mezzasalma
3-Dec-2007
The airport authority plans to improve its retail business, according to The Edge Daily
Airport authority Malaysia Airports Holdings (MAHB) aims to at least double its annual revenues between now and 2012 thanks to traffic and commercial growth, according to The Edge Daily website. MAHB runs Kuala Lumpur International airport (KLIA) and plans to further improve its retail business in addition to increasing the number of airlines and flight frequency at KLIA.
MAHB’s revenues for the nine months to September 30 were up by 20% to Rm1.02bn ($303.9m) compared with the previous corresponding period while net profit jumped by 65% to Rm182.93m ($54.5m) in the same period.
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