Air Asia Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2020
May 05, 2020 at 10:38 pm
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Air Asia Company Limited announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 811.136 million compared to TWD 885.504 million a year ago. Operating loss was TWD 17.283 million compared to operating Income of TWD 11.822 million a year ago. Net loss was TWD 21.661 million compared to net income of TWD 5.102 million a year ago. Basic loss per share was TWD 0.18 compared to basic earnings per share of TWD 0.04 a year ago.
Air Asia Co Ltd is a Taiwan-based aircraft maintenance company which provides aviation maintenance, parts and accessories maintenance, outsourcing repairs and aviation material trading, fleet maintenance and repair and replenishment installation pricing services to commercial and military aircrafts and helicopters. The Companyâs business includes the repair, leasing and trading of aircraft and related equipment, the manufacturing and assembly of aviation accessories and equipment, the repair of precision industrial equipment, and agents and consultants for the above businesses. The Company also engages in overall fleet logistics support and entrusted operations management. The maintenance business mainly includes the maintenance, repair, renovation and testing of aircraft and helicopter, the processing and repair of aircraft and helicopter parts and components, the renovation and testing of aircraft and helicopter engine, the overhaul and testing of avionics and others.
AIR ASIA CO., LTD. 
