Shares in China’s Beijing Capital International Airport (BCIA) dipped 1.0% yesterday upon the release of the company’s financial and traffic reports for the 12 months ended 31-Dec-2010 and month of Feb-2010.
During 2009, BCIA’s net and operating profits surged 252.5% (to USD44.0 million) and 447.8% (USD107.8 million), respectively. As a result, BCIA recommended the payment of a final dividend of CNY0.03388 per share for the year ended 31-Dec-2009, with a total amount of CNY146.7 million, subject to shareholder approval. The Board is scheduled to hold its Annual General Meeting on 22-Jun-2010.
Total revenue increased 7.4% year-on-year in 2009, led by an 11.3% jump in aeronautical revenues to USD458.3 million, while non-aeronautical revenues were up 1.3% to USD268.6 million. Details include:
- Aeronautical: USD458.3 million, +11.3%;
- Passenger charges: USD184.3 million, +17.6%;
- Aircraft movement fees and related charges: USD152.8 million, +2.2%;
- Airport fee: USD121.2 million, +14.7%;
- Non-aeronautical: USD268.6 million, +1.3%;
- Concessions: USD158.2 million, -10.3%;
- Rentals: USD101.5 million, +28.5%;
- Car park: USD4.7 million, -16.6%;
Passenger traffic dipped 2.7% year-on-year in the 12 months, while cargo volumes jumped 8.0% to 1.5 million tones. In Feb-2010, passenger numbers rose 9.0% to 5.3 million, on a 5.5% increase in aircraft movements.
BCIA’s full financial and traffic reports for the 12 months ended 31-Dec-2010 and month of Feb-2010 are available in today’s edition of Airport Business Daily. Sign up today to start receiving the latest strategic news updates on airports worldwide.
Selected airports daily share price movements (% change): 22-Mar-2010
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