Air Asia Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 02, 2021 at 03:27 pm EDT
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Air Asia Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 955.61 million compared to TWD 1,098.48 million a year ago. Net loss was TWD 0.32 million compared to net income of TWD 26.61 million a year ago.
For the nine months, sales was TWD 2,872 million compared to TWD 3,038.51 million a year ago. Net income was TWD 59.76 million compared to TWD 32.94 million a year ago. Basic earnings per share from continuing operations was TWD 0.44 compared to TWD 0.25 a year ago. Diluted earnings per share from continuing operations was TWD 0.4 compared to TWD 0.24 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. 
