Skymark Airlines: $24 million net income for first nine months of fiscal year 2023

Japanese budget airline Skymark Airlines saw an approximate $24 million net income from the beginning of the 2023 fiscal year up until December 31, 2023, covering nine months. This same period in 2022 saw a net income of circa $12.6 million net profit. The results were filed under Japanese GAAP on February 9, 2024. Slylark Airlines’ operating revenue increased to circa $523.5 million in the nine month period of 2023 from around $418.9 million year-on-year. Gross profit was also up from circa $49.7 million to $64.3 million. Total assets were at approximately $709 million, down $12.8 million from the previous