KLIA’s ‘Next Generation Hub’ steps up a gear as MAHB reports net profit and EBITDA up by 24% in 2009
Malaysia Airports Holdings Berhad (MAHB) has released financial highlights for the 12 months ended 31-Dec-2009. A full house of positive results emphasises the extent of the turnaround. MAHB has succeeded in its stated aim of enhancing non-aeronautical revenues via its Retail Optimisation Plan with more gains expected in 2010 and will henceforth focus on the core airport product, which includes its ‘Next Generation Hub’ project and possibly an Airport City. However the much-needed new LCCT may be delayed as long as 3Q2012.
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