China Airlines, Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 04:11 pm EDT
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China Airlines, Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 47,193.1 million compared to TWD 36,852.23 million a year ago. Net income was TWD 3,294.43 million compared to TWD 420.19 million a year ago. Basic earnings per share from continuing operations was TWD 0.55 compared to TWD 0.07 a year ago. Diluted earnings per share from continuing operations was TWD 0.54 compared to TWD 0.07 a year ago.
For the six months, sales was TWD 89,885.01 million compared to TWD 74,085.52 million a year ago. Net income was TWD 4,600.28 million compared to TWD 3,492.49 million a year ago. Basic earnings per share from continuing operations was TWD 0.77 compared to TWD 0.58 a year ago. Diluted earnings per share from continuing operations was TWD 0.75 compared to TWD 0.57 a year ago.
China Airlines Ltd is a Taiwan-based company mainly engaged in air transportation services. The Company mainly provides three services. Passenger transportation services provide international passenger transportation and regular and irregular charter flights. Freight service provides international cargo and express, mail, and parcel delivery. In-flight sales services provide passengers with the purchase of duty-free goods on board. The Company also provides ground handling services, the sales of in-flight commodities, warehouse and logistics services, the repair and maintenance services of aircraft, sightseeing services and the training of staff of civil aviation, among others. The Company operates businesses globally.