Air Asia Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 03, 2021 at 06:16 pm EDT
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Air Asia Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 899.351 million compared to TWD 811.136 million a year ago. Operating loss was TWD 2.822 million compared to TWD 17.283 million a year ago. Net income was TWD 24.023 million compared to net loss of TWD 21.661 million a year ago. Basic earnings per share from continuing operations was TWD 0.18 compared to basic loss per share from continuing operations of TWD 0.17 a year ago. Diluted earnings per share from continuing operations was TWD 0.16 compared to diluted loss per share from continuing operations of TWD 0.17 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. 
