2-Nov-2011 11:30 AM
TransAsia Airways profits decline in first nine months of 2011
TransAsia Airways revenue up 5% - financial highlights for nine months ended 30-Sep-2011:
- Operating revenue: USD218.8 million, +4.5% year-on-year;
- Operating costs: USD177.3 million, +6.2%;
- Operating expense: USD20.0 million, +19.4%;
- Operating profit: USD21.5 million, -16.1%;
- Net profit: USD21.1 million, -13.0%;
- Total assets: USD377.8 million, +5.9%;
- Cash and cash equivalents: USD36.1 million, +19.2%;
- Total liabilities: USD176.4 million, +3.0%.
*Based on the conversion rate at USD1 = TWD29.8521