[MALAYSIA AIRPORTS HOLDINGS BHD，保持国内和国际客运量的增长势头]

大马机场本季度的营收与去年同期相比增长了11.2％，达到了12.158亿令吉。机场运营营收增长12.2％至11.431亿令吉，主要受航空和非航空业务的推动。包括在本季度的机场运营收入来自土耳其的建设收入为2580万令吉。与建设ISGIA登机大楼扩建相关的建设收入得到了认可。

在乘客增长强劲的支撑下，航空业务部门去年同期增长11.7％至5.884亿令吉。马来西亚业务的客运量同比增长3.4％（国际：10.2％，国内：-3.4％的增长），达到2440万人次，与去年同期的2360万人次相比。国际客运量的增长是由于四个地区性国际机场在2018年3月表现非常出色。

土耳其运营客运量为780万人次，同比增长18.2％，与去年同期的660万人次相比。国际和国内流量分别增长19.0％和17.8％。由于特许经营商和零售商录得强劲销售，非航空业务部门的收入同样强劲增长7.6％至5.289亿令吉。

总体而言，马来西亚业务录得9.083亿令吉收入，增长8.8％。土耳其业务录得收入增长22.3％至2亿7,270万令吉。

大马机场录得的PBT为4亿7270万令吉，而去年同季则为1.029亿令吉，差异为359.4％或3.698亿令吉。有利的差异主要是由于GMR Hyderabad International Airport Limited（GHIAL）的投资公允价值未实现收益达到2.584亿令吉。马来西亚业务的PBT增加166.8％至5亿4270万令吉。土耳其得了一笔7,650万令吉的LBT，同时卡塔尔业务录得6,500万令吉的PBT。

本季度大马机场录得PBT为4.727亿令吉，较上一季录得的5,580万令吉增加4亿1千6百90万令吉。大马机场PBT较高主要是由于GMR Hyderabad International Airport Limited（GHIAL）的投资公允价值未实现收益达到RM2.584亿。与前一季度相比，成本下降14.3％至RM10.874亿。成本下降是由于人员成本降低，维修维护，项目成本和管理成本降低。马来西亚业务的PBT高出336.0％，即RM4.183亿令吉至5.427亿令吉，卡塔尔业务PBT高出RM570万，而土耳其业务的LBT高出RM710万。

前景：
本季度，MAHB的机场网络（包括ISGIA）记录了3220万人次，比去年同期增长6.6％。国际旅客流量增长了11.5％，而国内旅客流量增加了2.5％。飞机运作整体上升2.6％。国际航空运输增长9.6％，国内航空运输下降4.1％。

马来西亚业务：
在本季度，马来西亚机场的客运量增长了3.4％，达到2440万人次。国际旅客人数为13.0百万人，增长10.2％。飞机运作同期增长1.2％，国际运作增长12.4％。国内和国际部门的平均载客率分别维持在72.7％和77.1％的高位。预计在2018年6月预计马来西亚国内经济将出现逆转，而国际经济增长可能有所缓和。

海外业务：
本季度ISGIA乘客总人数为780万人次，比去年同期增长18.2％。国际旅客增长19.0％，国内旅客增长17.8％。短期内，ISGIA的业绩将可能保持国内和国际客运量两位数的增长势头。

觉得不错就SHARE 出去吧。

James Ng

The Group’s revenue for the current quarter under review grew 11.2% over the corresponding quarter last year to RM1,215.8 million. Airport operations recorded revenue growth of 12.2% to RM1,143.1 million, mainly driven by both the aeronautical and non-aeronautical segment. Included in the airport operation’s revenue in the current quarter was construction revenue of RM25.8 million from Turkey
operations. The construction revenue was recognise in relation to the construction of the boarding hall expansion of ISGIA.

Underpinned by strong passenger growth, aeronautical segment grew 11.7% to RM588.4 million over the same corresponding quarter last year. Malaysia operations recorded passenger growth of 3.4% (international: 10.2%, domestic: -3.4% growth) to 24.4 million passengers as compared to the corresponding quarter last year of 23.6 million passengers. The growth in international passenger traffic was contributed by four regional international airports performing exceptionally well in March 2018.

The passenger traffic for the Turkey operations increased by 18.2% to 7.8 million passengers as compared to the corresponding quarter last year of 6.6 million passengers. Both international and domestic traffic increased by 19.0% and 17.8% respectively. The non-aeronautical segment also recorded almost equally strong revenue growth of 7.6% to RM528.9 million, driven by stronger sales registered by the concessionaires and retailers.

Overall, Malaysia operations recorded revenue of RM908.3 million with growth of 8.8%. Turkey operations recorded revenue growth of 22.3% to RM272.7 million.

The Group recorded a PBT of RM472.7 million as compared to RM102.9 million in the previous corresponding quarter, a favourable variance of 359.4% or RM369.8 million. The favourable variance was mainly due to unrealised gain on the fair value of investment in GMR Hyderabad International Airport Limited (GHIAL) amounting to RM258.4 million. PBT of the Malaysia operations increased by 166.8% to RM542.7 million. Turkey registered a LBT of RM76.5 million meanwhile Qatar operations recorded a PBT of RM6.5 million.

The Group recorded a PBT of RM472.7 million in the current quarter, higher by RM416.9 million as compared to the PBT of RM55.8 million recorded in the immediate preceding quarter. The higher Group PBT was mainly due to unrealized gain on the fair value of investment in GMR Hyderabad International Airport Limited (GHIAL) amounting to RM258.4 million. Cost was lower by 14.3% to RM1,087.4 million as compared to the immediate preceding quarter. The decreased in cost was due to lower staff cost, repair maintenance, project cost, and administrative cost. The PBT for Malaysia operations was higher by 336.0% or RM418.3 million to RM542.7 million, Qatar operations PBT higher by RM5.7 million whilst Turkey operations registered an increase in LBT of RM7.1 million.

Prospects:
MAHB’s network of airports (including ISGIA) recorded 32.2 million passengers in the current quarter under review, representing a growth of 6.6% over the corresponding quarter last year. International passengers traffic improved by 11.5% while domestic passengers traffic increased by 2.5%. Aircraft movements overall improved by 2.6%. The international aircraft movements increased by 9.6% while the domestic sector declined by 4.1%.

Malaysia Operations:
Airports in Malaysia registered 3.4% growth with 24.4 million passenger traffic in current quarter under review. Passenger numbers for international was at 13.0 million, registering 10.2% increase. Aircraft movements grew by 1.2% over the same period with international movements improving by 12.4%. The average load factors for domestic and international sectors remained at a high 72.7% and 77.1% respectively. Moving forward some moderation in international growth is likely, while a turnaround in the domestic sector for Malaysia operations as foreseen in June 2018.

Overseas Operations:
ISGIA total passengers recorded 7.8 million in current quarter under review, an increase of 18.2% over the corresponding quarter last year. International passengers increased by 19.0% while domestic passengers increased by 17.8%. ISGIA performance will likely maintain a double digit growth momentum for both domestic and international passenger traffic in the immediate term.

If you think this post is beneficial, please share it.

James Ng