Phoenix Tours International, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 11:43 pm IST
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Phoenix Tours International, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 34.414 million compared to TWD 903.117 million a year ago. Operating loss was TWD 18.854 million compared to operating Income of TWD 64.147 million a year ago. Net loss was TWD 7.785 million compared to net income of TWD 64.420 million a year ago. Basic loss per share was TWD 0.12 compared to basic earnings per share of TWD 0.96 a year ago. For the half year, total revenue was TWD 400.377 million compared to TWD 1,430.061 million a year ago. Operating income was TWD 7.204 million compared to TWD 97.994 million a year ago. Net loss was TWD 3.170 million compared to net income of TWD 95.102 million a year ago. Basic loss per share was TWD 0.05 compared to basic earnings per share of TWD 1.42 a year ago. Diluted loss per share was TWD 0.05 compared to diluted earnings per share of TWD 1.41 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.
PHOENIX TOURS INTERNATIONAL, INC. 
