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MARCH 2023

Week 10

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China Airlines posts 69.5% profit decline in fiscal 2022

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March 10th 2023

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Taiwan-headquartered China Airlines (CAL) has reported a net profit of TW$2.9 billion (US$93 million) for the 12 months to December 31, down 69.5% from a TW$9.4 billion net profit in the previous 12 months. Read More » Operating revenue increased 8.6%, to TW$150.7 billion, CAL said in a regulatory filing. Costs were up 20.7%, to TW$139.4 billion, the flag carrier reported.

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