KUALA LUMPUR, April 15 – Vietjet Aviation Joint Stock Company (HOSE: VJC) has unveiled its audited financial statements for 2023, revealing impressive growth across various fronts. The company reported a substantial increase in air transport revenue, reaching VND53.7 trillion (approximately RM10.24 billion), marking a notable 62% year-on-year surge. Ancillary and cargo revenue also soared to nearly VND21 trillion (approximately RM4 billion), representing over 60% growth and accounting for 39% of the total air transport revenue.
With pre-tax air transport profits and consolidated profits of VND471 billion (approximately RM89.79 million) and VND606 billion (approximately RM115.52 million) respectively, Vietjet has showcased a remarkable turnaround in profitability. The airline’s strategic expansion efforts have contributed significantly to its success, particularly with the launch of new international routes and the enhancement of domestic connectivity. Vietjet recently inaugurated direct flights between Hanoi and Sydney, expanding its Vietnam-Australia routes to seven, and initiated new flights connecting Hanoi to Hiroshima (Japan) and Ho Chi Minh City to Chengdu (China).
Domestically, the introduction of the Hanoi – Dien Bien route underscores Vietjet’s commitment to facilitating travel accessibility within Vietnam. With a focus on sustainable development, Vietjet’s modern and eco-friendly fleet, combined with efficient ground services, positions the airline for continued growth and success in the aviation industry.
