/KASE, August 5, 2024/ – Air Astana JSC (Almaty), whose shares are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the
following press release dated August 5, 2024:
quote
Highlights
Strong growth of revenue and EBITDAR in H1
- Total revenue and other income excluding non-recurring items* increased
12.9% YoY to USD 586.2M (H1 2023: USD 519.1M).
- Adjusted EBITDAR excluding non-recurring items* was up 9.8% YoY to USD
138.7M.
- Adjusted EBITDAR margin excluding non-recurring items* was 23.7% (H1
2023: 24.3%).
- ASK increased 11.8% YoY to 8.7B (H1 2023: 7.8B).
- RASK excluding non-recurring items* increased 1.0% YoY to USD 6.73¢ (H1
2023: USD 6.67¢), offsetting 2.5% increase in CASK.
Growing momentum in Q2
- Total revenue and other income excluding non-recurring items* increased
12.6% YoY to USD 321.4M (Q2 2023: USD 285.4M).
- Adjusted EBITDAR excluding non-recurring items* was up 11.5% YoY to USD
88.7M with an improved Adjusted EBITDAR margin excluding non-recurring
items* in Q2 of 27.6%.
- Proactive yield management across both airline brands resulted in RASK
excluding non-recurring items* growing 3.4% YoY to USD 7.02¢ (Q2 2023:
6.79¢).
*Non-recurring item (NRI): H1 2024 include net IPO related expenses of US$
9.4m and donations in connection with the flood situation in the regions of
Kazakhstan of US$ 2.7m. H1 2023 include IPO related expenses of US$ 0.4 m
and revenue from the extraordinary market event (EME) impacted by partial
mobilization in Russia of US$ 8.9m. Q2 2024 include net IPO related expenses
of US$ 3.1m and donations in connection with the flood situation in the regions of
Kazakhstan of US$ 2.7m. Q2 2023 include IPO related expenses of US$ 0.1 m
and revenue from the EME of US$ 3.5m.
unquote
The complete press release is available on:
-
https://kase.kz/files/emitters/AIRA/aira_relizs_050824_2.pdf – in Qazaq;
-
https://kase.kz/files/emitters/AIRA/aira_relizs_050824_1.pdf – in Russian;
-
https://kase.kz/files/emitters/AIRA/aira_relizs_050824_3.pdf – in English.
[2024-08-05]