Return of China tourists a boon to MAHB

TheStar Tue, Jan 10, 2023 09:44am - 2 months View Original


PETALING JAYA: The reopening of China’s borders will enhance earnings for many Malaysian companies, including Malaysia Airports Holdings Bhd (MAHB).

UOB Kay Hian (UOBKH) Research, in a report, said MAHB is poised to benefit as the relaxation of travel controls and strong pent-up demand will boost Chinese patronage to Malaysia.

Additionally, it said the airport operator’s latest operating statistics indicated that it was on track to restore its earnings to pre-pandemic normalcy in 2023.

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