Phoenix Tours International, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 03, 2023 at 05:15 am EDT
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Phoenix Tours International, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 762.63 million compared to TWD 38.15 million a year ago. Net income was TWD 58.31 million compared to TWD 12.65 million a year ago. Basic earnings per share from continuing operations was TWD 0.8 compared to TWD 0.17 a year ago. Diluted earnings per share from continuing operations was TWD 0.8 compared to TWD 0.17 a year ago.
For the nine months, sales was TWD 1,624.58 million compared to TWD 84.23 million a year ago. Net income was TWD 115.91 million compared to net loss of TWD 26.38 million a year ago. Basic earnings per share from continuing operations was TWD 1.58 compared to basic loss per share from continuing operations of TWD 0.36 a year ago. Diluted earnings per share from continuing operations was TWD 1.58 compared to diluted loss per share from continuing operations of TWD 0.36 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. 
