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Aeroflot reports sharp rise in 1H2011 profits

28-Sep-2011 12:31 PM

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

  • Revenue: USD2344 million, +26.4% year-on-year;
  • 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]