Tigerair Taiwan Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 04:21 am EST
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Tigerair Taiwan Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 3,576.02 million compared to TWD 144.29 million a year ago. Net income was TWD 578.38 million compared to net loss of TWD 1,015.28 million a year ago. Basic earnings per share from continuing operations was TWD 1.3 compared to basic loss per share from continuing operations of TWD 2.54 a year ago. Diluted earnings per share from continuing operations was TWD 1.3 compared to diluted loss per share from continuing operations of TWD 2.54 a year ago.
For the nine months, sales was TWD 9,049.25 million compared to TWD 451.55 million a year ago. Net income was TWD 1,343.08 million compared to net loss of TWD 2,460.22 million a year ago. Basic earnings per share from continuing operations was TWD 3.19 compared to basic loss per share from continuing operations of TWD 6.15 a year ago. Diluted earnings per share from continuing operations was TWD 3.18 compared to diluted loss per share from continuing operations of TWD 6.15 a year ago.
TIGERAIR TAIWAN CO., LTD. is a Taiwan-based company mainly engaged in the provision of air transportation services. The Company is engaged in the provision of passenger transportation services and freight services. The passenger transportation services mainly provide international passenger transportation services, as well as regular and irregular international charter business. The freight services mainly provide cargo and parcel delivery services. The Company operates within the domestic market and to overseas markets, including Northeast Asia, Macau, Southeast Asia and Mainland China.