AirAsia Group reported a 2017 second-quarter net profit of MYR140 million ($33 million), down 53% from net profit of MYR298 million in the year-ago period. The company said the decline was mainly because of a one-time tax charge of MYR212 million “from the group’s participation in the Indonesia tax amnesty program.” The group’s operating profit increased 37% year-over-year (YOY) to MYR517 million and revenue rose 19% YOY to MYR2.4 billion. Revenue growth was ...

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