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A Vietjet aircraft lands at Nội Bài Worldwide Airport. — Picture courtesy of Vietjet
HCM CITY — With the aviation and tourism industries bouncing again strongly, Vietjet Aviation Joint Inventory Firm (HoSE: VJC) kicked off 2022 with a constructive efficiency, based on its monetary statements for the primary quarter.
The corporate reported a major improve of 113 per cent year-on-year in pre-tax revenue, owing to the fast restoration of passenger transport and the ever-growing cargo enterprise, which grew by 76 per cent and 94 per cent, respectively.
In Q1, Vietjet’s consolidated income surpassed VNĐ4.52 trillion (US$197 million) whereas after-tax revenue was VNĐ244 billion ($10.6 million), up 12 per cent and 98 per cent year-on-year, respectively.
Concerning air transport enterprise, Vietjet’s income stood at over VNĐ3.34 trillion in three-month interval, serving to nail the after-tax revenue of the mum or dad firm at VNĐ40 billion.
In 2022’s first three months, Vietjet resumed its total home community and relaunched common worldwide companies.
It has operated a complete of 20,000 flights with greater than three million passengers onboard throughout 60 home and worldwide routes.
The airline’s complete numbers of operated flights and transported passengers within the interval noticed respective rise of fifty per cent and 55 per cent, marking a milestone of robust restoration put up COVID-19 pandemic.
It additionally airlifted greater than 12,500 tonnes of cargo quantity within the first quarter.
Vietjet has put its first two wide-body plane of A330 into operation and is anticipated so as to add the third one into its fashionable fleet quickly.
The airline additionally revealed its 2021 audited monetary statements on a constructive word.
The mum or dad firm reached a income of over VNĐ9 trillion with the audited post-tax revenue rising by 91 per cent over the compiled monetary assertion.
In the meantime, Vietjet’s consolidated income and after-tax revenue in 2021 reached over VNĐ12.87 trillion and VNĐ80 billion respectively.
As of December 31, 2021, Vietjet’s belongings surpassed VNĐ51.65 trillion.
Its debt-to-equity ratio stayed at 0.9 whereas the liquidity ratio was at 1.6, thought of good indicators within the aviation business.
In 2021, Vietjet operated almost 42,000 flights throughout its community with greater than 5.4 million passengers.
The airline reported over 66,000 tonnes in cargo transport, reaching quick progress, with cargo income rocketing by over 200 per cent year-on-year. — VNS
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