JAL quar­terly profit rises 32.9pc

New Straits Times - - Business / World -

Japan Air­lines (JAL) yes­ter­day re­ported a jump in quar­terly net profit thanks to brisk sales, and re­vised its full-year fore­cast up­ward. JAL re­ceived a gov­ern­ment bailout af­ter a bank­ruptcy re­struc­tur­ing in 2010. The car­rier relisted on the Tokyo bourse two years later and has con­tin­ued a steady as­cent. JAL said its net profit rose 32.9 per cent to 19.6 bil­lion yen (RM757.5 mil­lion) for the three months to June. Rev­enue for the April-June pe­riod in­creased 5.9 per cent to 314.8 bil­lion yen.

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