Malaysia Airports Holdings Bhd (MAHB) has set the targets of achieving earnings before interest, tax, depreciation and amortisation of RM822 million; a return on equity of 10.42 per cent; and top 5 worldwide ranking for KL International Airport as its headline key performance indicators (KPIs) in 2012.
In a filing to Bursa Malaysia today, MAHB said, the headline KPIs were set
based on its strategic plans and long-term targets that were developed under its Five-Year Business Direction (2010-2014) planning initiative.
MAHB said the headline KPIs were also set based on the assumption that there
would not be any significant changes in the prevailing economic and political
conditions, as well as the present legislation and/or government regulations.
"These headline KPIs shall not be construed as forecasts, projections or
estimates of MAHB or representations of any future performance," it said.
On the outlook of the aviation industry, MAHB said, it believed that 2011
would end on a double-digit passenger growth of approximately 10 per cent.
It said globally, there were still fears of economic weakening, especially
in Europe and to a certain extent in the US. "Oil price is also predicted to be on an uptrend. The possibility of another economic downturn remains," it said.
The airport operator said it expected to achieve an overall growth of 6.6
per cent in passenger movements in financial year 2012 based on the expected
gross domestic product of 5-6 per cent and assuming world economic environment would remain reasonably stable.
It said KLIA2 construction would continue to be a priority and with the
projected passenger growth, MAHB expected a challenging but profitable year
ahead. -- Bernama
In a filing to Bursa Malaysia today, MAHB said, the headline KPIs were set
based on its strategic plans and long-term targets that were developed under its Five-Year Business Direction (2010-2014) planning initiative.
MAHB said the headline KPIs were also set based on the assumption that there
would not be any significant changes in the prevailing economic and political
conditions, as well as the present legislation and/or government regulations.
"These headline KPIs shall not be construed as forecasts, projections or
estimates of MAHB or representations of any future performance," it said.
On the outlook of the aviation industry, MAHB said, it believed that 2011
would end on a double-digit passenger growth of approximately 10 per cent.
It said globally, there were still fears of economic weakening, especially
in Europe and to a certain extent in the US. "Oil price is also predicted to be on an uptrend. The possibility of another economic downturn remains," it said.
The airport operator said it expected to achieve an overall growth of 6.6
per cent in passenger movements in financial year 2012 based on the expected
gross domestic product of 5-6 per cent and assuming world economic environment would remain reasonably stable.
It said KLIA2 construction would continue to be a priority and with the
projected passenger growth, MAHB expected a challenging but profitable year
ahead. -- Bernama
