Capital A Berhad’s Financial Summary for Q2-2025
Capital A Berhad announced its unaudited financial results for the second quarter concluded on June 30, revealing a remarkable revenue of RM4.8 billion. This marks a significant leap from a reported loss last year during the same quarter.
Key Financial Highlights:
- The Group reported an EBITDA of RM1.1 billion and a net operating profit of RM671 million.
- Profit After Tax (PAT) for this quarter stands at RM1.5 billion, rebounding from a loss of RM543 million in Q2-2024, aided by a foreign exchange gain of RM0.9 billion.
Revenue Breakdown:
- Aviation revenue saw a year-on-year drop of 3% to RM4.5 billion, attributed to diminished tourism and safety concerns particularly in Thailand. However, excluding Thailand’s performance, revenue would have increased by 2%.
- The company recorded a substantial increase in EBITDA, climbing 32% year-on-year to RM931 million, achieving a margin of 21% due to lower fuel prices and strong ASEAN currencies.
- The load factor remained constant at 82%, while passenger numbers slightly decreased by 1% to 15.5 million.
Executive Insights:
Bo Lingam, Group CEO, emphasized the resilience of the aviation business despite challenges, stating:
“We offset slower demand in Thailand and lower fares from returning capacity with disciplined cost management and strong ancillary growth, supported by favorable fuel and forex trends.”
He also expressed optimism for continued growth into the second half of the year, traditionally the strongest for the airline sector.
Tony Fernandes, Chief Executive of Capital A, also praised the company’s performance:
“Aviation’s back on track, and we’re close to returning to our full fleet strength.”
The firm aims to recover all aircraft over the next six months and strengthen its presence in markets like the Philippines and Indonesia, while navigating challenges in Thailand.
