EVA Air operating profit down 35% in 3Q2019, air transport revenue down 7%

18 November, 2019

EVA Air reported (18-Nov-2019) the following consolidated financial highlights for the airline and its subsidiaries for the three months ended 30-Sep-2019:

  • Operating revenue: TWD45,528 million (USD1461 million), -3.9% year-on-year;
    • Air transport: TWD33,780 million (USD1084 million), -6.5%;
    • Aircraft maintenance and component manufacture: TWD11,099 million (USD356.3 million), +4.4%;
    • Catering: TWD198.6 million (USD6.4 million), +8.4%;
  • Operating costs: TWD39,793 million (USD1277 million), -1.3%;
  • Operating profit: TWD2648 million (USD85.0 million), -35.2%;
    • Air transport: TWD1759 million (USD56.5 million), -45.8%;
    • Aircraft maintenance and component manufacture: TWD568.3 million (USD18.2 million), +12.8%;
    • Catering: TWD170.5 million (USD5.5 million), +3.4%;
  • Net profit: TWD1479 million (USD47.5 million), -47.5%;
  • Total assets: TWD368,562 million (USD11,831 million);
  • Cash and cash equivalents: TWD57,365 million (USD1841 million);
  • Total liabilities: TWD293,778 million (USD9430 million). [more - original PR - Chinese]

*Based on the average conversion rate at TWD1 = USD0.0321