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Shanghai Airport's profits fall by half in 2008

20-Mar-2009

Shanghai International Airport Co Ltd, the listed operator of Shanghai Pudong International Airport, managed to increase its revenues by 7.0% in the 12 months ended Dec-08. But significant spending in the airport’s new terminal and runway in 2008, coupled with declining traffic growth, ensured a dramatic reduction in both operating (-45.0%) and net (-49.0%) profits in the period. [665 words]

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Graphs and data:

  • Shanghai International Airport Co Ltd financial highlights: Twelve months ended 31-Dec-08 (under Chinese Accounting Standard)
  • Shanghai International Airport operating profit margin and net profit margin: 2006 to 2008 (under Chinese Accounting Standard)
  • Shanghai International Airport Co Ltd traffic performance: 2006 to 2008
  • Shanghai Pudong International Airport passenger numbers and passenger numbers growth: 2001 to 2008
  • Shanghai Hongqiao International Airport passenger numbers and passenger numbers growth: 2001 to 2008
  • Chinese top 5 Mainland airports' passenger numbers growth: Jan-08 to Jan-09
  • Shanghai Pudong International Airport passenger numbers growth (% year-on-year) and cargo volume (% year-on-year): Feb-08 to Jan-09
  • Shanghai Hongqiao International Airport passenger numbers and passenger numbers growth: Feb-08 to Jan-09
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