Phoenix Tours International, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 08, 2022
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Phoenix Tours International, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 22.46 million compared to TWD 24.97 million a year ago. Revenue was TWD 22.46 million compared to TWD 24.97 million a year ago. Net income was TWD 3.82 million compared to TWD 57.66 million a year ago. Basic earnings per share from continuing operations was TWD 0.0545 compared to TWD 0.7909 a year ago. Diluted earnings per share from continuing operations was TWD 0.0545 compared to TWD 0.7909 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.