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Malaysia Airports reports 20% improvement in net profits

Analysis

Strong demand despite the Japanese earthquake and the tension in the Middle East has improved Malaysia Airports (MAHB) net result in 1Q2011 to MYR88 million (USD29.3 million), up 20% for the same quarter in 2010. The Malaysian Airports operator reported a 22% revenue increase, but EBITDA was down marginally.

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