PRECISION AIR SERVICES PLC (PAL) — FY 2021
Earnings report for PRECISION AIR SERVICES PLC (PAL) for FY 2021 (iliyotolewa 24 May 2024). Key highlights and the PDF statement below.
Market: Closed
DSE (Dar es Salaam)
Highlights
- Group revenue increased to TZS 71,152,646 thousand in FY 2021 from TZS 56,877,720 thousand in FY 2020.
- Group net loss for the year was TZS 43,311,666 thousand in FY 2021, an improvement from TZS 45,086,973 thousand loss in FY 2020.
- Group gross profit margin improved significantly to 7.5% in FY 2021 from (27.4)% in FY 2020.
- Passengers carried increased by 16% to 285,196 in FY 2021 from 245,875 in FY 2020.
- Group Earnings per share (loss) improved to TZS (269.90) in FY 2021 from TZS (280.96) in FY 2020.
- Passenger load factor improved to 52% in FY 2021 from 49% in FY 2020.