Phoenix Tours International, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 01:00 pm EST
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Phoenix Tours International, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 953.628 million compared to TWD 912.878 million a year ago. Net income was TWD 74.570 million compared to TWD 68.121 million a year ago. Basic earnings per share was TWD 1.22 compared to TWD 1.11 a year ago. For the nine months, sales was TWD 2,383.689 million compared to TWD 2,243.071 million a year ago. Net income was TWD 169.672 million compared to TWD 122.939 million a year ago. Basic earnings per share was TWD 2.77 compared to TWD 2.01 a year ago. Diluted earnings per share was TWD 2.76 compared to TWD 2 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.