Air Asia Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 03, 2020 at 02:42 pm EST
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Air Asia Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,098.479 million compared to TWD 1,001.466 million a year ago. Operating income was TWD 9.473 million compared to TWD 25.540 million a year ago. Net income was TWD 26.611 million compared to TWD 14.265 million a year ago. Basic earnings per share was TWD 0.22 compared to TWD 0.12 a year ago. Diluted earnings per share was TWD 0.2 compared to TWD 0.12 a year ago. For the nine months, sales was TWD 3,038.511 million compared to TWD 2,827.171 million a year ago. Operating income was TWD 1.500 million compared to TWD 62.716 million a year ago. Net income was TWD 32.941 million compared to TWD 33.425 million a year ago. Basic earnings per share was TWD 0.27 compared to TWD 0.28 a year ago. Diluted earnings per share was TWD 0.26 compared to TWD 0.28 a year ago.
Air Asia Co Ltd is a Taiwan-based aircraft maintenance company which provides aviation maintenance, parts and accessories maintenance, outsourcing repairs and aviation material trading, fleet maintenance and repair and replenishment installation pricing services to commercial and military aircrafts and helicopters. The Companyâs business includes the repair, leasing and trading of aircraft and related equipment, the manufacturing and assembly of aviation accessories and equipment, the repair of precision industrial equipment, and agents and consultants for the above businesses. The Company also engages in overall fleet logistics support and entrusted operations management. The maintenance business mainly includes the maintenance, repair, renovation and testing of aircraft and helicopter, the processing and repair of aircraft and helicopter parts and components, the renovation and testing of aircraft and helicopter engine, the overhaul and testing of avionics and others.
AIR ASIA CO., LTD. 
