Air Busan Reports Operating Loss of 51.4 Billion KRW in Q2... Deficit Widens
[Asia Economy Reporter Dongwoo Lee] Air Busan announced on the 14th that its operating loss for the second quarter of this year, based on separate financial statements, widened to 51.4 billion KRW compared to a loss of 21.9 billion KRW in the same period last year.
Revenue for the second quarter was 23.7 billion KRW, down 84.8% from 156.2 billion KRW in the same period last year.
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The operating loss for the first half of this year reached 89.9 billion KRW, widening from a loss of 16.4 billion KRW in the same period last year. Revenue for the first half was 116.8 billion KRW, a decrease of 64.6%. The net loss for the period was 105.6 billion KRW.
This content was produced with the assistance of AI translation services.
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