VietJet Air records 14m pax in 2016, net profit up 96% to USD100.8m

VietJet Air reported (15-Feb-2017) 14 million passengers in 2016, with load factor of 88.9%. Profit before tax more than doubled to VND2395 billion (USD105.4 million). Net profit increased 95.7% to VND2290 billion (USD100.8 million). Revenue increased 38.7% to VND27,532 billion (USD1211 million). Total assets reached VND19,916 billion (USD876.3 million) while cash and cash equivalents reached VND2740 billion (USD120.6 million). Liabilities reached VND15,392 billion (USD677.2 million). [more - original PR]