TOKYO, April 20 — Japanese airline ANA Holdings today slashed its annual net profit forecast by 71 per cent over massive falls in demand and major cancellations caused by the coronavirus pandemic. For the past fiscal year to March 2020, the firm said it now expects a net profit of 27 billion yen...
For the past fiscal year to March 2020, the firm said it now expects a net profit of 27 billion yen, down from an earlier projection of 94 billion yen. — Reuters pic
For the past fiscal year to March 2020, the firm said it now expects a net profit of 27 billion yen , down from an earlier projection of 94 billion yen. The company was expecting strong sales but also higher costs as it prepared to expand services in the greater Tokyo region ahead of the 2020 Olympics.
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