US EditionAirAsia MOVE's EBITDA grows by 10 percent on year in the first quarter despite lower revenue
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AirAsia MOVE's EBITDA grows by 10 percent on year in the first quarter despite lower revenue
AirAsia MOVE, the digital arm of Malaysia-based Capital A Berhad, announced last Friday that its earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 10 percent year on year. Capital A said in a statement that AirAsia MOVE EBITDA growth was due to continued operational cost optimization projects in terms of right-sizing the organization and artificial intelligence (AI)-led marketing personalization efforts leading to …
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