Published: Thursday February 28, 2013 MYT 5:15:00 PM
Malaysia Airlines reports net income after tax of RM51m in Q4
KUALA LUMPUR: Malaysia Airlines (MAS) reported net income after tax (NIAT) of RM51mil for the fourth quarter ended Dec 31, 2012 compared with net loss of RM1.3bil a year ago.
MAS said for FY2012, its net loss of tax narrowed sharply to RM433mil from a net loss of RM2.52bil in FY2011.
"Without the one-off provisions amounting to RM1.09bil recorded in Q4, 2011, NIAT for the fourth quarter 2012 registered an improvement of RM233mil. For the full year 2012, there was an improvement in the results of RM1bil," it said.