EVA Airways (2618) Q4 2024 earnings summary

Executive summary

• Consolidated financial statements for the years ended December 31, 2024 and 2023 were audited and present fairly in all material respects in accordance with IFRS as endorsed by the FSC.

• Main business activities include aviation transportation, aircraft maintenance, catering, ground services, and related operations.

Financial highlights

• Operating revenue for 2024 was NT$221,009 million, up from NT$200,357 million in 2023 (10% year-over-year growth).

• Net profit attributable to owners was NT$29,007 million in 2024, up from NT$21,594 million in 2023.

• Basic EPS increased to NT$5.37 from NT$4.01 year-over-year.

• Cash and cash equivalents at year-end 2024 were NT$74,478 million, up from NT$66,805 million.

• Total assets reached NT$353,684 million, with total equity at NT$123,202 million as of December 31, 2024.

Outlook and guidance

• Adoption of new IFRS standards in 2025 and beyond is not expected to have a material impact.

• The company continues to evaluate the impact of future IFRS changes, including IFRS 18 effective in 2027.