Finance

MAG operating profit up 64% in 2023

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MAG operating profit up 64% in 2023

Malaysia Aviation Group (MAG) has reported a positive operating profit of 889 million Malaysian ringgits (circa $187.75 million) in 2023, up 64% from 2022. Its cash balance stood at 4.3bn ringgits. ($908.1 million) at the year end. Net profit after interest and tax swung from a loss in 2022 of 344 m...

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