VietJet records 87% increase in revenue in H1, 2023

Vietjet reported the consolidated revenue of VNĐ29.77 trillion in the first half, up by 87% year-on-year and representing 120% of the H1 target. VietJet released its first six-month financial update (H1) with the total assets of VNĐ71.5 trillion while the debt/equity ratio and the liquidity ratio were 1.2 and 1.5 respectively. Ancillary revenue maintained a high growth rate, reaching VNĐ9 trillion, a two-fold increase year-on-year and accounting for 40% of the total revenue. The airline reported consolidated after-tax profit at VNĐ387 billion. Vietjet operated 65,900 flights, carried over 12.1 million passengers reporting a year-on-year increase of 30%. The airline carried