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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

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