Thursday 29 Feb 2024
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KUALA LUMPUR (Jan 27): Capital A Bhd’s share price jumped by as much as 5.63% on Friday's morning trade in Bursa from its last closing price of 71 sen, after the group reported improvements in key operational fourth quarter (4Q) and 2022 numbers. 

Capital A opened at 72 sen and rose to a high of 75 sen at 9.18am. At the time of writing the group’s trading volume was 17.63 million. 

This comes after the group announced on Thursday (Jan 26) that its preliminary passenger traffic statistics for the full year and fourth quarter of 2022 was 24.24 million passengers (up 404% year-on-year) and 7.81 million passengers (up 187% year-on-year) respectively on the back of post Covid-19 pandemic travel recovery. 

In addition the group said that the growth in passengers exceeded the jump in capacity by 345% year-on-year, which resulted in 84% load factor — one percentage point away from achieving pre-Covid load factor. 

Edited ByIsabelle Francis
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