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VietJet Air posts US$4.2 million quarterly loss
August 3rd 2021
VietJet Air has reported a net loss of 97 billion dong (US$4.2 million) for the three months to June 30, an improvement from a net loss of 1.1 trillion dong in the same three months in 2020. Read More » Revenue rose 51%, to 2.97 trillion dong, VietJet Air informed the Ho Chi Minh Stock Exchange yesterday. Operating conditions in the second quarter were impacted by the "fourth wave" of COVID-19, the LCC said. Despite the June quarter results, VietJet posted a net profit of 14 billion dong for the six months to June 30, returning to the the black from a net loss of 1.4 trillion dong a year earlier.
