Taiwan's TransAsia net profit down 75.7% in Q3

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Taiwanese carrier TransAsia Airways has reported a 75.7% decrease in its net profit for the third quarter of 2012 to NT$153 million ($5.24 million) from NT$629 million in the corresponding quarter last year.

The carrier's operating income for the quarter ended 30 September grew by 8.8% year on year to NT$7.10 billion and operating expenses rose by 9.9% to NT$654 million.