Japan Airlines' Profit Rises 12% in Fiscal 2024

MT Newswires Live
05-05

Japan Airlines Co (TYO:9201) posted a 12% year-on-year rise in profit attributable to owners to 107 billion yen in fiscal 2024, according to a Friday filing with the Tokyo bourse.

Earnings per share in the year ended March 31 increased to 245.09 yen from 218.61 yen in the previous year.

Revenue rose 12% on year to 1.844 trillion yen, the filing said.

The carrier expects attributable profit to climb 7.4% to 115 billion yen in fiscal 2025, with revenue expected to grow 7.2% to 1.977 trillion yen.

Japan Airlines raised its full-year dividend to 86 yen from 75 yen a year earlier and projects a further increase to 92 yen for the year ending March 2026.

Price (JPY): $2629.50, Change: $+30, Percent Change: +1.15%

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