AAV Reports a Net Loss of ฿474mn as a Loss before Finance Cost and Income Tax

Asia Aviation Public Company Limited (AAV) has reported its yearly consolidated financial statement of 2019 through the Stock Exchange of Thailand as follows;

For the year ended 2019 (FY2019), AAV reported a net loss of 474 million baht reversed from a net profit of 69.97 million baht in 2018, while had total revenues of 41,553.1 million baht increased of 1,352.9 million baht or up by 3 percent compared to the same period last year. The reversion to net loss mainly affected by the loss before finance cost and income tax amounted to 100 million baht.