Phoenix Tours International, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 12:51 pm EDT
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Phoenix Tours International, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 24.970 million compared to TWD 365.963 million a year ago. Operating loss was TWD 14.857 million compared to operating Income of TWD 26.058 million a year ago. Net income was TWD 57.655 million compared to TWD 4.615 million a year ago. Basic earnings per share from continuing operations was TWD 0.87 compared to TWD 0.07 a year ago.
Phoenix Tours International, Inc. is a Taiwan-based company principally engaged in the travel agency businesses. The Companyâs primary tourism products include Asia route, the Americas route, Oceania route, Europe route, cruise line, Northeast Asia route and Mainland China route. The Company mainly operates through four business segments. The Group Travel segment is principally engaged in the planning, design, promotion of travel routes and provision of tourism-related services. The Domestic Transportation segment is mainly engaged in the domestic tour bus rental business. The Air Passengers and Freight Forwarding segment is mainly engaged in the passenger transport agency and freight forwarding businesses. The Ticketing segment is mainly engaged in the booking of air tickets, hotels, related documents and the leasing of transportation equipment. The Company mainly operates its businesses in domestic market.