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AirAsia X 2Q net profit soars on forex gains

Mimi Sabreena 9:17:00 PM Informasi

KUALA LUMPUR (Aug 24): AirAsia X Bhd's (AAX) net profit surged 4,550% to RM47.44 million for the second quarter ended June 30, 2017 (2QFY17) from RM1.02 million in the previous year's corresponding quarter on the back of foreign exchange gains.

In a statement, AAX said revenue for the quarter jumped 17% to RM1.04 billion from RM883.16 million, driven by a 34% increase in passengers carried, exceeding the 26% increase in seat capacity.

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