Jetcon reports increased profits

Listed company Jetcon Corporation made more profit in its third quarter ended September.

Profit after tax amounted to 11 point 6 million dollars.

That's an increase of 86 per cent, compared to the same period in 2021, when the company made 5 point 8 million dollars.

Jetcon Corporation also ended the quarter with revenue increasing by 52 per cent.

Total income for the quarter was 300 point 9 million dollars versus 196 point 4 million dollars.

This brought total earnings for the nine months to 807 point 4 million dollars, an improvement of 33 per cent year-to-date.

Last year, Jetcon's 9 month profit was 606 point 9 million dollars.

The company says its performance is more in line with pre-pandemic levels.