Japan's ANA enjoys record earnings on robust tourism growth

ANA Holdings Inc. said Friday its net profit rose 75.6 percent to a record 157.10 billion yen ($1.0 billion) in the business year ended March, driven by global tourism growth after the coronavirus pandemic, Kyodo reports.

Tourism
Photo credit: Maxat Shagyrbayev/ Kazinform

Sales for the year grew 20.4 percent to 2.06 trillion yen, the parent of All Nippon Airways said.

For the current year ending March next year, the company provided a conservative forecast, expecting its net profit to fall 30.0 percent to 110 billion yen on sales of 2.19 trillion yen, up 6.5 percent.

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