ANA Holdings posts US$609m 9M net profit
ANA Holdings posted JPY73.3b (US$608.5m) in net profit for the 9-month period to Dec 31, 2015, up 40% year-over-year (YOY). In its earnings report, ANA Holdings tempered its results with an acknowledgement of “some concern about the future in regard to risk of downward pressure on the Japanese economy due to the recession in China and other emerging countries in Asia.” But ANA also noted the Japanese economy continued growing over the 9-month period and “overall consumer spending has been steady … the employment environment continues to improve and Japan is expected to be headed toward a moderate recovery.” ANA credited its growth during the period primarily to revenue from ANA which had 9-month operating revenue of JPY1,184.2b, up 5.3% YOY, and its trade and retail sector. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-02-01/star/ana-holdings-posts-us-609m-9m-net-profit
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ANA Holdings posts US$609m 9M net profit
ANA Holdings posted JPY73.3b (US$608.5m) in net profit for the 9-month period to Dec 31, 2015, up 40% year-over-year (YOY). In its earnings report, ANA Holdings tempered its results with an acknowledgement of “some concern about the future in regard to risk of downward pressure on the Japanese economy due to the recession in China and other emerging countries in Asia.” But ANA also noted the Japanese economy continued growing over the 9-month period and “overall consumer spending has been steady … the employment environment continues to improve and Japan is expected to be headed toward a moderate recovery.” ANA credited its growth during the period primarily to revenue from ANA which had 9-month operating revenue of JPY1,184.2b, up 5.3% YOY, and its trade and retail sector. <br/>
