Regional Plus Wings Reports a Net Profit of ¥2.665 Billion for April-September 2024

Regional Plus Wings Reports a Net Profit of ¥2.665 Billion for April-September 2024

Regional Plus Wings announced its mid-term financial results for the fiscal year ending in March 2025. The net profit reported was ¥2.665 billion.

The operating revenue stood at ¥53.256 billion, with operating expenses at ¥50.537 billion, operating income at ¥2.718 billion, and ordinary income at ¥2.630 billion.

While passenger demand has remained strong, price competition with competitors has intensified. There has been a significant increase in labor and outsourcing costs due to labor shortages and salary increases.

The company has revised its full-year performance forecast downwards, projecting operating revenue at ¥105.6 billion, operating income at ¥1.6 billion, and ordinary income at ¥1.3 billion.

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