Air Asia Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 04, 2020 at 06:20 pm EDT
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Air Asia Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,128.896 million compared to TWD 940.201 million a year ago. Operating income was TWD 9.310 million compared to TWD 25.354 million a year ago. Net income was TWD 27.991 million compared to TWD 14.058 million a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.12 a year ago. Diluted earnings per share was TWD 0.2 compared to TWD 0.12 a year ago. For the half year, sales was TWD 1,940.032 million compared to TWD 1,825.705 million a year ago. Operating loss was TWD 7.973 million compared to operating Income of TWD 37.176 million a year ago. Net income was TWD 6.330 million compared to TWD 19.160 million a year ago. Basic earnings per share was TWD 0.05 compared to TWD 0.16 a year ago.
Air Asia Co Ltd is a Taiwan-based aircraft maintenance company which provides aviation maintenance, parts and accessories maintenance, outsourcing repairs and aviation material trading, fleet maintenance and repair and replenishment installation pricing services to commercial and military aircrafts and helicopters. The Companyâs business includes the repair, leasing and trading of aircraft and related equipment, the manufacturing and assembly of aviation accessories and equipment, the repair of precision industrial equipment, and agents and consultants for the above businesses. The Company also engages in overall fleet logistics support and entrusted operations management. The maintenance business mainly includes the maintenance, repair, renovation and testing of aircraft and helicopter, the processing and repair of aircraft and helicopter parts and components, the renovation and testing of aircraft and helicopter engine, the overhaul and testing of avionics and others.
AIR ASIA CO., LTD. 
