AirAsia 2Q net profit down 53% on one-off tax charge

Credit: Rob Finlayson
AirAsia Group reported a 2017 second-quarter net profit of MYR140 million ($33 million), down 53% from net profit of MYR298 million in the year-ago period. The company said the decline was mainly because of a one-time tax charge of MYR212 million “from the group’s participation in the Indonesia tax...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.