KUALA LUMPUR: AIRASIA BHD [] earnings fell 56.3% to RM135.66 million in the fourth quarter ended Dec 31, 2011 when compared with RM311.08 million a year ago as it was impacted by aircraft fuel expenses, which rose to RM475.07 million from RM292.44 million on-year.
The low-cost carrier said on Wednesday In 4QFF11, it recorded foreign exchange losses of RM137.38 million compared with forex gain of RM44.29 million a year ago.
Its revenue rose 9.3% to RM1.272 billion from RM1.164 billion. Earnings per share were 4.90 sen compared with 11.30 sen.
“The revenue growth was supported by 9% growth in passenger volume while the average fare was 4% higher at RM196 as compared to RM188 achieved in 4Q10. Ancillary income per passenger year-on-year fell by 19% to RM40 from RM49 as ancillary income from AirAsia Go is no longer included. The seat load factor was 82%, the same as in the same period last year,” it said.
For the financial year ended Dec 31, 2011, its net profit fell 46.8% to RM564.14 million from RM1.06 billion in FY10. Revenue showed a 13.3% increase to RM4.473 billion from RM3.984 billion.
The low-cost carrier said on Wednesday In 4QFF11, it recorded foreign exchange losses of RM137.38 million compared with forex gain of RM44.29 million a year ago.
Its revenue rose 9.3% to RM1.272 billion from RM1.164 billion. Earnings per share were 4.90 sen compared with 11.30 sen.
“The revenue growth was supported by 9% growth in passenger volume while the average fare was 4% higher at RM196 as compared to RM188 achieved in 4Q10. Ancillary income per passenger year-on-year fell by 19% to RM40 from RM49 as ancillary income from AirAsia Go is no longer included. The seat load factor was 82%, the same as in the same period last year,” it said.
For the financial year ended Dec 31, 2011, its net profit fell 46.8% to RM564.14 million from RM1.06 billion in FY10. Revenue showed a 13.3% increase to RM4.473 billion from RM3.984 billion.
