Phoenix Tours International, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 05, 2022 at 05:50 pm
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Phoenix Tours International, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 23.62 million compared to TWD 22.66 million a year ago. Revenue was TWD 23.62 million compared to TWD 22.66 million a year ago. Net loss was TWD 42.85 million compared to net income of TWD 0.097 million a year ago. Basic loss per share from continuing operations was TWD 0.5818. Diluted loss per share from continuing operations was TWD 0.5818.
For the six months, sales was TWD 46.08 million compared to TWD 47.63 million a year ago. Revenue was TWD 46.08 million compared to TWD 47.63 million a year ago. Net loss was TWD 39.03 million compared to net income of TWD 57.75 million a year ago. Basic loss per share from continuing operations was TWD 0.5364 compared to basic earnings per share from continuing operations of TWD 0.7909 a year ago. Diluted loss per share from continuing operations was TWD 0.5364 compared to diluted earnings per share from continuing operations of TWD 0.7909 a year ago.
Phoenix Tours International, Inc. is a Taiwan-based company principally engaged in the travel agency businesses. The Companyâs primary tourism products include Asia route, the Americas route, Oceania route, Europe route, cruise line, Northeast Asia route and Mainland China route. The Company mainly operates through four business segments. The Group Travel segment is principally engaged in the planning, design, promotion of travel routes and provision of tourism-related services. The Domestic Transportation segment is mainly engaged in the domestic tour bus rental business. The Air Passengers and Freight Forwarding segment is mainly engaged in the passenger transport agency and freight forwarding businesses. The Ticketing segment is mainly engaged in the booking of air tickets, hotels, related documents and the leasing of transportation equipment. The Company mainly operates its businesses in domestic market.