EVA Air's Q3 profit down 35%
EVA Air posted a NT2.6b (US$85m) operating profit for Q3, down by 35.2% from last year. Revenue for the quarter ended Sept 30 declined by 3.9% to NT$45.5b, while costs and expenses related to operations were broadly steady, declining by 1% to NT42.9b. As a result, net profit nearly halved to NT$1.27b, compared to NT$2.64b last year. In the first 9 months of 2019, the airline's operating profit was down by 8.6% to NT$7.3b. Revenue declined marginally, by 0.8% to NT$134b, while operating costs and expenses were reduced by almost as much to NT$117b. Net profit fell by 46.3% to NT$3.21b, compared to NT$5.98b last year. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-11-14/star/eva-airs-q3-profit-down-35
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EVA Air's Q3 profit down 35%
EVA Air posted a NT2.6b (US$85m) operating profit for Q3, down by 35.2% from last year. Revenue for the quarter ended Sept 30 declined by 3.9% to NT$45.5b, while costs and expenses related to operations were broadly steady, declining by 1% to NT42.9b. As a result, net profit nearly halved to NT$1.27b, compared to NT$2.64b last year. In the first 9 months of 2019, the airline's operating profit was down by 8.6% to NT$7.3b. Revenue declined marginally, by 0.8% to NT$134b, while operating costs and expenses were reduced by almost as much to NT$117b. Net profit fell by 46.3% to NT$3.21b, compared to NT$5.98b last year. <br/>
