Air Asia (2630) Q2 2026 earnings summary

Executive summary

• Revenue for the six months ended June 30, 2026 was NT$2,095.6 million, down from NT$2,643.5 million year-over-year.

• Net profit for the same period was NT$24.2 million, a significant decrease from NT$114.3 million year-over-year.

• Gross margin for the six months was 8%, compared to 11% in the prior year.

• The independent auditor's review found no material misstatements in the financial statements.

Financial highlights

• Operating revenue for Q2 2026 was NT$999.4 million, down from NT$1,384.7 million in Q2 2025.

• Gross profit for Q2 2026 was NT$78.0 million (8% margin), compared to NT$172.9 million (12%) in Q2 2025.

• Operating profit for Q2 2026 was NT$14.7 million, down from NT$57.1 million in Q2 2025.

• Basic and diluted EPS for the six months ended June 30, 2026 were both NT$0.12, compared to NT$0.55 in 2025.

• Cash and cash equivalents at June 30, 2026 were NT$178.8 million, up from NT$153.0 million at June 30, 2025.

Outlook and guidance

• Management expects no significant impact from new IFRS standards effective in 2027 and 2028.

• No seasonality or cyclicality factors affected operations in the reporting period.