Qantas
(ASX:QAN) deliver record underlying profit before tax in the six months to December of $976 million, surpassing its record of $921 million that it hit in the first half of FY16.
As for underlying profit after tax, attributable to shareholders, that carved out a gain of 18 per cent in the six months ending December to $607 million.
The flying kangaroo’s revenue lifted 6 per cent to $8.7 billion.
Its underlying earnings per share grew to 38.7 cents, while Qantas’ and Jetstar’s domestic flying operations together saw their highest ever first half underlying EBUIT of $652 million.
As for what’s coming up, it’s flagged that group domestic capacity will marginally fall by 1 per cent in the second half of the financial year, while international capacity will rise by about 2.3 per cent,
Qantas
(ASX:QAN) shares are trading 3.8 per cent higher at $5.47.
