Air Asia Co. Ltd.TWSE: 2630

Air Asia: Net profit surged 64% year-over-year on higher revenue and improved margins

· Issued by Air Asia Co. Ltd.

Revenue and net profit grew 4.5% and 64.4% year-over-year, respectively, with improved gross margin and strong cash position. Customer concentration remains high but is mitigated by government contracts, and no major risks or disruptions were reported.

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