Virgin Australia reports annual profit, 6.8% group revenue increase
- Airline Virgin Australia said on Monday it had recorded its second year of after-tax profitability since returning to profit last year for the first time in 11 years, and a 6.8% year-on-year increase in group revenue.
The carrier reported an underlying Earnings Before Interest and Tax of A$519 million for the financial year ending June 30, an increase of 18.2% over last year's result.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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