Phoenix Tours International, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 06:48 pm EST
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Phoenix Tours International, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 49.385 million compared to TWD 953.628 million a year ago. Operating loss was TWD 16.857 million compared to operating Income of TWD 55.990 million a year ago. Net income was TWD 15.957 million compared to TWD 75.529 million a year ago. Basic earnings per share was TWD 0.2 compared to TWD 1.11 a year ago. For the nine months, sales was TWD 449.762 million compared to TWD 2,383.689 million a year ago. Operating loss was TWD 9.653 million compared to operating Income of TWD 153.984 million a year ago. Net income was TWD 14.025 million compared to TWD 171.681 million a year ago. Basic earnings per share was TWD 0.15 compared to TWD 2.53 a year ago. Diluted earnings per share was TWD 0.15 compared to TWD 2.52 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.
PHOENIX TOURS INTERNATIONAL, INC. 
