Air Asia Company Limited Reports Earnings Results for the Full Year Ended December 31, 2019
February 19, 2020 at 03:38 pm EST
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Air Asia Company Limited announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 3,913.291 million compared to TWD 2,719.354 million a year ago. Operating income was TWD 78.753 million compared to TWD 14.240 million a year ago. Net income was TWD 45.011 million compared to TWD 15.405 million a year ago. Basic earnings per share was TWD 0.37 compared to TWD 0.13 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.