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Skymark Airlines Inc. ( (JP:9204) ) has issued an announcement.
Skymark Airlines Inc. has revised its earnings forecast for the fiscal year ending March 31, 2025, due to a shortfall in operating revenue and increased operating expenses. Despite steady passenger numbers, intense competition led to lower average prices per passenger, and inflation-driven costs have further impacted profitability. The company is focusing on revenue management and expense control to improve financial outcomes amidst uncertain exchange rate conditions.
More about Skymark Airlines Inc.
Skymark Airlines Inc. operates in the airline industry, providing air travel services. It focuses on offering affordable and efficient flight options to passengers, with a strategic emphasis on maintaining a steady number of passengers while enhancing revenue management.
YTD Price Performance: 13.10%
Average Trading Volume: 400,668
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen37.67B
For a thorough assessment of 9204 stock, go to TipRanks’ Stock Analysis page.