Business

Vietjet reports over 900 billion VND in profit in Q4/2022

Vietjet Air saw an impressive recovery after the COVID-19 pandemic as it recorded a year-on-year rise of 175% in net revenue to 7.35 trillion VND (313.4 million USD), and earned profit of 902 billion VND in the last quarter of 2022.
Vietjet reports over 900 billion VND in profit in Q4/2022 ảnh 1Vietjet aircraft (Photo: VNA)
Hanoi (VNA) - Vietjet Air saw an impressiverecovery after the COVID-19 pandemic as it recorded a year-on-year rise of 175%in net revenue to 7.35 trillion VND (313.4 million USD), and earned profit of902 billion VND in the last quarter of 2022.

The company’s revenue in 2022 hit 32.5 trillion VND, whileprofit was limited, reaching only 215 billion VND.

It also contributed over 4.3 trillion VND worth of directand indirect taxes, fees and charges to the State budget.

Last year, the carrier transported 20.5 million passengersaboard 116,000 flights, in which domestic transport increased by 20% comparedto 2019 before the COVID-19 broke out.

Vietjet opened more than 20 new routes in 2022, mainly tothe Indian market. As of December 31, 2022, Vietjet had operated a total of 103routes.

In 2023, Vietjet expects high revenue growth thanks to thereopening of the Chinese market and the increased exploitation of potentialinternational markets including India, the Republic of Korea, Japan andAustralia./.
VNA
#Vietjet#net revenue#profit#Q4/2022#Vietnam#Vietnamplus#Vietnam News Agency
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