China Airlines, Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 03:01 pm EST
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China Airlines, Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 37,697.76 million compared to TWD 34,474 million a year ago. Net income was TWD 125.96 million compared to TWD 2,917.3 million a year ago. Basic earnings per share from continuing operations was TWD 0.02 compared to TWD 0.51 a year ago. Diluted earnings per share from continuing operations was TWD 0.02 compared to TWD 0.48 a year ago.
For the nine months, sales was TWD 111,783.28 million compared to TWD 91,674.64 million a year ago. Net income was TWD 3,618.45 million compared to TWD 1,555.38 million a year ago. Basic earnings per share from continuing operations was TWD 0.6 compared to TWD 0.28 a year ago. Diluted earnings per share from continuing operations was TWD 0.59 compared to TWD 0.26 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.