Vietjet Aviation Joint Stock Company recorded a consolidated after-tax profit of VND70 billion (US$3 million) in 2020, following its financial report released yesterday. The positive figure makes Vietjet one of the few airlines in the world having no workforce reduction and turning a profit. Last year, the company’s consolidated revenue surpassed VND18.2 trillion ($790 million). Ancillary revenue accounted for nearly 50 per cent of Vietjet’s total revenue in 2020. Vietjet’s total assets reached over VND47 trillion while its owner equity was at more than VND17.32 trillion including treasury shares. Its debt-to-equity ratio stood at as low as 0.66 while the

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