China Airlines’ third-quarter EPS hit a record high for the same period in previous years. Gao Xinghuang: We must “strive hard to improve” in Q4.

China Airlines’ revenue in the third quarter was 65.125 billion yuan, net profit after tax was 4.929 billion yuan, and EPS was 0.72 yuan, setting a new high for the same period in previous years. The cumulative consolidated operating income in the first three quarters was 185.94 billion yuan, the consolidated operating net profit was 15.774 billion yuan, the consolidated after-tax net profit was 12.624 billion yuan, the after-tax net profit was 11.002 billion yuan, and the after-tax earnings per share (EPS) was 1.8 yuan. In the first three quarters, both revenue and net profit hit historical highs. Looking forward to the future, China Airlines Chairman Gao Xinghuang said that regardless of passenger and cargo transportation, we must "strive hard to improve."

China Airlines benefited from demand during this summer's peak travel season, pushing passenger revenue in the first three quarters and the third quarter to record highs. China Airlines' passenger revenue in the first three quarters was 106.786 billion yuan, an annual increase of 14.35%. In the third quarter, passenger revenue was 36.542 billion yuan, an increase of 22.40% over the same period last year.

China Airlines pointed out that it continues to improve its network layout in response to market demand. This year it will introduce passenger aircraft such as A350-900 and A321neo to increase capacity, and the 787 passenger aircraft will be delivered soon. From next year, 18 A350-900s will be upgraded one after another to create a new flying experience for passengers.

China Airlines' cargo revenue in the first three quarters was 62.908 billion yuan, an annual increase of 29.16%. China Airlines pointed out that benefiting from the continued boom in high value-added supply sources such as AI servers and semiconductor machines, cargo demand has grown steadily, and market volume and price have increased. Among them, cargo operation revenue in the third quarter was 22.729 billion yuan, which was also better than the performance in the same period last year, with a growth of 37.47%. Looking forward to the fourth quarter to welcome the end-of-year shopping season in Europe and the United States, it is expected to drive a surge in the distribution of other main air freight products such as traditional manufacturing and e-commerce, which is expected to support the continued strengthening of overall freight demand.