CAPITAL A – INVESTMENT HOLDING GROUP STRATEGY FIRMLY IN PLACEAVIATION GROUP REVENUE UP 226% YOY
LOGISTICS REVENUE UP 58% YOY
DIGITAL REVENUE UP 177% YOY
RETURN OF AIRASIA – AFTER 2 YEARS HIATUS
SEPANG, 26 May 2022 – Capital A Berhad (formerly known as AirAsia Group Berhad) (“Capital A” or the “Group”) today reported its financial results for the quarter ended 31 March 2022 (“1Q2022”).
Unaudited Consolidated First Quarter 2022 Results of Capital A
The Consolidated Group posted 1Q2022 revenue of RM812 million, up 153% year-on-year (“YoY”) and down by 1% quarter-on-quarter (“QoQ”) comparison. Aviation revenue grew significantly by 226% YoY and 5% QoQ to RM601 million off the back of the improved demand during the festive season together with the further easing of travel restrictions in 1Q2022. The Group’s logistics arm, Teleport reported…