AirAsia Q1 profits down, but revenue higher

Credit: Rob Finlayson
AirAsia reported a first-quarter pre-tax profit of MYR131.8 million ($43.3 million), down from MYR212.4 million in the year ago period. Profit after tax was similarly down from MYR172.4 million in Q1 2012 to MYR104.8 million. However, operating profit was up 6% to MYR254.93 million from MYR240.1...

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