Air Asia (2630) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended June 30, 2025 was NT$2,643.5 million, up 4.7% year-over-year; net profit reached NT$114.3 million, a 42% increase from the prior year period.

• Gross margin improved to 11% from 9% year-over-year, reflecting better cost control and higher-margin service mix.

• Cash dividends of NT$129.97 million were distributed for 2024, and capital structure remained stable with NT$2,094.4 million in common stock.

Financial highlights

• Operating revenue for Q2 2025 was NT$1,384.7 million, up 9.5% year-over-year; gross profit for the quarter was NT$172.9 million, up 36%.

• Operating profit for the six months was NT$126.4 million, up from NT$58.98 million year-over-year.

• Basic and diluted EPS for the six months were both NT$0.55, compared to NT$0.38 in the prior year.

• Net cash used in operating activities was NT$478.9 million, an improvement from NT$857.4 million used in the prior year.

• Total assets as of June 30, 2025 were NT$6,180.7 million; equity attributable to owners was NT$3,436.7 million.

Outlook and guidance

• Management expects no significant impact from new IFRS standards effective in 2026 and 2027.

• No seasonality or cyclicality factors affected operations in the reporting period.