Air Astana reports 2023 performance results

15.03.24 10:45
/KASE, March 15, 2024/ โ€“ Air Astana JSC (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated March 15, 2024: quote Highlights Strong and resilient growth amid volatile market conditions - Total revenue and other income was USD 1.2B (2022: 1.0B), an increase of 13.8% and 15.6% excluding extraordinary market event (EME)* - Operating profit was USD 136.0M (2022: USD 148.7M), an increase of 12.9% excluding EME and gain from fuel hedging (FH)** - Profit after tax was USD 68.7M (2022: USD 78.4M), an increase of 21.5% excluding EME and FH - RPK increased by 11.3% to 14.6B (2022: 13.2B) - ASK increased by 11.1% to 17.7B (2022: 15.9B) - RASK increased by 2.4% to US 6.6ยข or 4.0% excluding EME. * Adjusted EBITDAR for 2022 benefitted from the impact of partial mobilization in Russia which caused an extraordinary market event (EME), inflow citizens from Russia to and through Kazakhstan with impact of USD16.2M. ** Adjusted EBITDAR for 2022 benefitted from gain from fuel hedging (FH) in the amount of USD 12.1M unquote The complete press release is available on: - https://kase.kz/files/emitters/AIRA/aira_relizs_150324_ru.pdf โ€“ in Russian; - https://kase.kz/files/emitters/AIRA/aira_relizs_150324_en.pdf โ€“ in English. [2024-03-15]