MAG Soars With RM54 Million Profit Despite Turbulence

Quick Summary:

Malaysia Aviation Group (MAG) recorded a net profit after interest and tax (NIAT) of RM54 million for the financial year 2024, alongside its third consecutive year of operating profit at RM113 million.

The Group also achieved earnings before interest, tax, depreciation and amortisation (EBITDA) of RM788 million.

MAG maintained a strong cash balance of RM3.

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Article Details

Author / Journalist: Shahrizal

Category: EconomyBusiness

Markets: MalaysiaVietnam

Topics: News MAG Malaysia Aviation Group

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-17 @ 04:21:52 (4 days ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 483 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 27959406

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About Business Today

Main Topics: EconomyBusiness

Official Website: businesstoday.com.my

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News Last Updated: 8 hours ago

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