Taipei, May 13 (CNA) EVA Airways (EVA Air) on Tuesday reported record first-quarter net profits of NT$5.93 billion and a record-high earnings per share (EPS) of NT$1.10.
In a statement, the air carrier said its consolidated sales for the first quarter totaled NT$54.94 billion (US$194.65 million), up 5.8 percent from a year earlier.
EVA Air attributed the record-breaking financial performance in the first quarter to a 25.9 percent year-on-year increase in cargo revenue, which rose to NT$12.728 billion.
This was mainly generated by the company's cargo flight service due to rising air cargo volumes and prices driven by robust demand for products from Chinese e-commerce platforms, AI servers and semiconductors.
EVA posted NT$36.412 billion in revenue from its passenger flight operations in Q1, a decline of 0.3 percent from a year earlier.
The airline has 87 aircraft in its fleet, including 78 passenger jets and nine freighters, with a further 53 aircraft to be delivered before 2033.
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