Phoenix Tours International, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022
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Phoenix Tours International, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 38.15 million compared to TWD 70.74 million a year ago. Revenue was TWD 38.15 million compared to TWD 70.74 million a year ago. Net income was TWD 12.65 million compared to TWD 11.49 million a year ago. Basic earnings per share from continuing operations was TWD 0.17 compared to TWD 0.16 a year ago. Diluted earnings per share from continuing operations was TWD 0.17 compared to TWD 0.16 a year ago. Basic earnings per share was TWD 0.17 compared to TWD 0.16 a year ago. Diluted earnings per share was TWD 0.17 compared to TWD 0.16 a year ago.
For the nine months, sales was TWD 84.23 million compared to TWD 118.37 million a year ago. Revenue was TWD 84.23 million compared to TWD 118.37 million a year ago. Net loss was TWD 26.38 million compared to net income of TWD 69.24 million a year ago. Basic loss per share from continuing operations was TWD 0.36 compared to basic earnings per share from continuing operations of TWD 0.95 a year ago. Diluted loss per share from continuing operations was TWD 0.36 compared to diluted earnings per share from continuing operations of TWD 0.95 a year ago. Basic loss per share was TWD 0.36 compared to basic earnings per share of TWD 0.95 a year ago. Diluted loss per share was TWD 0.36 compared to diluted earnings per share of TWD 0.95 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.