Eva Air posts net profit of NT$504m in 2012

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Taiwan's Eva Air has posted a net profit of New Taiwan Dollars (NT$) 504 million ($17.1 million) for 2012, which more than doubled from NT$209 million in 2011.

Its operating revenue increased by 4.8% to NT$107 billion, while operating expenses grew by 8.7% to NT$7.97 billion in 2012, the airline said in a financial statement report.

The carrier's operating profit, meanwhile, almost doubled to NT$811 million.

Cash and cash equivalents at the end of the year amounted to NT$19.2 billion, it adds.