Research Center
Quay lại

VJC - Solid profit growth despite high oil prices - Earnings Flash

VJC’s H1 2018 core (excluding sale and leaseback/SALB transactions) revenue and NPAT grew by 53.4% and 37.0%, respectively, vs H1 2017. This was mainly driven by continued strong international activity, partial pass-through of higher fuel costs and record high ancillary revenue per passenger. VJC’s total revenue and NPAT increased by 29.3% YoY and 16.1% YoY, respectively, due to a lower number of SALB transactions compared to H1 2017.