MAHB in the black after posting RM58 million in Q1 net profit

MALAYSIA Airports Holdings Bhd (MAHB) remained in the black after posting a net profit of RM58.19 million for the first quarter ended March 31, 2023 (Q1 2023), compared with an RM104.76 million loss from the previous corresponding quarter.

This came after the airport operator returned to profitability in Q4 2022, ending 11 straight quarters of losses.