ANA Holdings Inc. reported Thursday that its net profit for the first half of the fiscal year ended September fell to 80.78 billion yen (approximately $530 million), a 13.3% decrease year-on-year. Although the company’s operating revenue grew, higher aircraft maintenance costs offset some of the gains.
The report shows that for the half-year ended September 30, the company achieved sales of 1.1 trillion yen, a 9.7% increase year-on-year. However, operating profit decreased by 16.5% to 108.37 billion yen. All Nippon Airways, as the core subsidiary of the holding group, directly influenced the overall financial performance.
Key Points:
- ANA Holdings’ first-half net profit decreased 13.3% year-on-year.
- Sales reached 1.1 trillion yen, up 9.7% year-on-year.
- Operating profit fell 16.5%, mainly due to rising aircraft maintenance costs.
