Sunday, February 28, 2010

Sunday, February 28, 2010

Taken from THEEDGE

AirAsia posted net profit of RM76.65 million in the fourth quarter ended Dec 31, 2009, a turnaround from the net loss of RM201.73 million a year ago, expected it to benefited from passenger growth and ancillary income.Group CEO Datuk Seri Tony Fernandes iis upbeat about its prospects in 2010 following early signs the global economy is stabilising while the benefits are already visible in the aviation industry.He said it had identified nine new routes to be launched and this will support passenger growth of 11%-14% in 2010. Based on the forward booking trend, the underlying passenger demand in the first quarter 2010 is positivE.


Maxis Bhd reported earnings of RM503 million in the fourth quarter ended Dec 31, 2009 on the back of RM2.21 billion in revenue, boosted by higher subscriptions.The telco giant’s earnings per share were nine sen and it declared both an interim dividend and proposed a final dividend of six sen and three sen, respectively – totaling RM675 million.In addition to the RM450 million paid in the third quarter, the total dividends for FYE 2009 post Maxis’ listing on Nov 19 last year was RM1.125 billion.For the financial year ended Dec 31, 2009, total earnings were RM1.578 billion on the back of RM7.611 billion in revenue.


hoorayyy,,got some angpow from MAXIS..

tomorrow market may up in small range..followed by DJ..but remember its MARCH..

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