Malaysian Airports Holdings Berhad's revenue for the current quarter increased by 20.0% over the corresponding quarter in the prior year to RM1.53 billion. The growth was mostly driven by higher passenger volumes resulting from new airline operations and additional flight frequencies to and from international sectors, further supported by the implementation of 30-day visa-free policy for China and India travellers to Malaysia.
Revenue from airport operations increased by 20.7% from RM1,196.4 million to RM1,443.9 million. Aeronautical segment revenue increased from RM701.9 million to RM891.5 million as compared to the corresponding quarter in the prior year. This surge was driven by the growth in traffic, with total passenger numbers for the Group reaching 36.2 million from 32.7 million passengers in the corresponding quarter last year. Passenger traffic for Malaysia operations increased to 24.8 million from 21.8 million in the corresponding quarter. Meanwhile, Türkiye operations saw a slight increase in passenger traffic, rising from 10.9 million to 11.4 million passengers during the same period. Nonaeronautical segment revenue increased from RM494.5 million to RM552.4 million, largely due to improved contribution of commercial revenue from Malaysia and Türkiye operations.
Revenue from non-airport operations increased by 10.5% or RM8.4 million from RM79.9 million to RM88.3 million due to higher revenue from the hotel, agriculture and project and repair maintenance businesses.
Overall, Malaysia operations had recorded an increase in revenue by 30.5% from RM764.5 million to RM997.9 million, while Türkiye and Qatar operations recorded a marginal increase in revenue from RM485.9 million to RM507.5 million and from RM25.9 million to RM26.8 million, respectively
In the current quarter under review, the Group recorded a PAT of RM210 million, more than double from RM94 million recorded in the prior year's corresponding quarter, driven by higher revenue. In line with higher revenue, the group said it also registered an increase in cost due to higher user fees payable under the Operating Agreement and higher revenue share payable under ISG's concession, whilst other operational cost and depreciation increased in line with the growth in passenger traffic to fulfil operational necessities.
Overall, Malaysia and Türkiye operations registered a PBT of RM205.0 million and RM42.4 million, respectively, higher compared to RM55.9 million and RM27.1 million recorded in the corresponding quarter in the prior year. Qatar operations recorded a PBT of RM3.0 million, a slight decrease of RM1.1 million from RM4.1 million recorded in the corresponding quarter in the prior year
