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AirAsia owner's net profit plunges 57.61 pct on year to 168 mln USD

NAMPA / Xinhua
2025-11-29
KUALA LUMPUR, Nov. 29 (Xinhua) -- Malaysia-based Capital A, the owner of low-cost airline AirAsia, saw its net profit tumble 57.61 percent year-on-year to 695.38 million ringgit (168.41 million U.S. dollars) in the third quarter ended Sept. 30, dragged by foreign exchange losses. The firm said in a bourse filing on Friday that its revenue for the quarter also fell 8.13 percent year-on-year to 447.41 million ringgit. This was driven by the expa......
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