Vietjet reports robust first quarter with $21 million profit

Vietjet has started the year with a strong first quarter after reporting its consolidated revenue of $702.4 million, growing 38% year-on-year (YoY). Additionally, it reported its after-tax profits had surged an impressive 212% at $21.3 million. Its air transport revenue was $701 million, up 38% YoY, and after-tax profit was up 209% YoY at $20.5 million. It reported a growth of 61% YoY in terms of passenger numbers, as well as a 53% increase in the number of flights; no doubt boosted by its 15 new international and domestic routes opened over the course of the first quarter. It also