StarLux Airlines' Q1 Soars to 4-Year Returns

Reported about 1 year ago

StarLux Airlines' first-quarter financial report for this year showed impressive results, with a single-quarter revenue of 7.995 billion NT dollars, a 23% increase from the previous quarter and an 83% increase year-on-year. The company's post-tax net profit was 623 million NT dollars, a 3.91-fold increase from the previous year, exceeding the full-year earnings of the previous year in just one quarter. The company's strategic focus for the year includes network expansion, leveraging transit markets actively, strengthening cooperation within the aviation industry, and remaining vigilant towards economic and geopolitical variables. StarLux is set to expand its flight network, starting from July 1st with flights to Phu Quoc Island in Vietnam, eventually establishing a considerable transit network by the end of the year.

Source: YAHOO

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