Phoenix Tours International, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 21, 2021 at 03:16 pm EDT
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Phoenix Tours International, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 489.508 million compared to TWD 2,974.759 million a year ago. Operating loss was TWD 46.931 million compared to operating Income of TWD 186.626 million a year ago. Net income was TWD 10.210 million compared to TWD 198.753 million a year ago. Basic earnings per share from continuing operations was TWD 0.15 compared to TWD 2.96 a year ago. Diluted earnings per share from continuing operations was TWD 0.15 compared to TWD 2.95 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.