MALAYSIA AIRLINES BOOKS SHARPLY HIGHER NET PROFIT IN H1.

(From Asia Pulse)

KUALA LUMPUR, Nov 30 Asia Pulse - Malaysia Airlines (MAS) (KLSE:MASM) has booked a net profit of RM159.29 million (US$41.92 million) for the six months ended 30 September 2004, a jump of 351 per cent from a net loss of RM63.45 million posted during the same period a year ago.

The national flag carrier said the sharply higher profit was achieved on the back of a 35.4 per cent surge in revenues to RM5.2 billion, which was driven by increase of passenger uplift of 31 per cent and the continued growth of the MASkargo operations.

Malaysia Airlines Managing Director Dato Ahmad Fuaad Dahlan said the results continue to highlight the …