Aeroflot reports sharp rise in 1H2011 profits

Aeroflot revenue up 26% - financial highlights for the six months ended 30-Jun-2011:

• Revenue: USD2344 million, +26.4% year-on-year;
  • Sale of duty free goods: USD59.4 million;
• Operating costs: USD2139 million, +26.2%;
  • Fuel: USD616.5 million, +43.4%;
  • Labour: USD420.8 million, +36.6%;
• Operating profit: USD204.7 million, +28.7%;
• Profit before tax: USD440.4 million, +944%;
• Net profit: USD357.6 million, +606.7%;
• Total assets: USD5347 million, +18.1% when compared to period ended 31-Dec-2010;
• Cash and cash equivalents: USD876 million, +32.7% when compared to period ended 31-Dec-2010;
• Total liabilities: USD3817 million, +13.2% when compared to period ended 31-Dec-2010. [more]