MAS Pre-Tax Profit Falls To RM282.03 Million

>> Saturday, February 26, 2011

KUALA LUMPUR, Feb 25 (Bernama) -- Malaysian Airline System Bhd's (MAS) pre-tax profit for the year ended Dec 31, 2010 fell to RM282.036 million from RM491.832 million in the same period of 2009.

Its revenue, however, rose to RM13.587 billion from RM11.605 billion previously, the national air carrier said in a filing to Bursa Malaysia Friday.

Earnings per share fell to 7.25 sen compared with 25.32 sen in 2009.

In the fourth quarter, MAS reported a pre-tax profit of RM258.301 million compared with RM599.150 million in the same period of 2009, after including among others, a derivative gain of RM143.8 million.

Revenue rose to RM3.673 billion from RM3.388 billion previously.



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