EVA Airways (2618) investor relations material

Executive summary

• Q1 2026 consolidated operating revenue reached NT$60.516 billion, up 10.1% year-over-year, with net profit attributable to owners at NT$8.268 billion, a 39.4% increase year-over-year.

• Passenger revenue hit a record NT$40.3 billion, up 10.7% year-over-year, with 3.67 million passengers carried and load factor rising to 84.1%.

• Cargo revenue grew 4.1% year-over-year to NT$13.2 billion, supported by strong demand for AI equipment and e-commerce.

• Strategic expansion included new routes (e.g., Taoyuan-Washington, D.C.), increased frequencies on high-demand routes, and ongoing fleet modernization.

• Robust summer booking volumes and flexible fleet deployment supported resilience and growth.

Financial highlights

• Group operating revenue rose 10.1% year-over-year to NT$60.516 billion in Q1 2026.

• Net profit attributable to owners for Q1 2026 reached NT$8.268 billion, up 39.4% year-over-year.

• Basic EPS for Q1 2026 was NT$1.53; diluted EPS was NT$1.52.

• Cash and cash equivalents at period end were NT$95.057 billion, up 23% year-over-year.

• Net cash inflow from operating activities was NT$26.186 billion in Q1 2026.

Outlook and guidance

• Expectation of maintaining high unit revenue and load factors through Q2 and Q3, especially during the summer peak.

• Global economic growth projected at 3.1% for 2026, with Asia and ASEAN economies expanding robustly.

• Cautious but stable outlook for the second half, with continued focus on network expansion and operational resilience.

• High oil prices will pressure profits, but revenue growth and fuel surcharges aim to offset costs.

• Cash position strengthened, supporting future operational flexibility and investment.