KUALA LUMPUR: Airasia X Bhd posted a RM32.98 million net profit for the 18 months ended Dec 31, 2022.
Revenue during the period under review stood at RM878.17 million.
As announced on Dec 2, 2020, the financial year end of the group has been changed from Dec 31, 2020, to June 30, 2021, and there will be no comparative financial information available for the preceding year’s corresponding periods.
In a filing with Bursa Malaysia today, the group said that in the three months to December 2021, it had earned RM119.4 million of revenue from cargo and charter operations, an increase of RM48.5 million or 68 per cent over the previous quarter, and an increase of RM112.0 million over the same quarter of 2020, when only RM7.4 million of revenue was earned.
“This substantial increase in revenue is reflective of a new focus on growing the cargo business, a strategy which will be combined with the carriage of passengers to ensure that all routes operated are profitable on an ongoing basis. – BERNAMA
