Air Do operating profit down 9% in 1HFY2012

Air Do revenue up 7% - financial highlights for six months ended 30-Sep-2012:

• Revenue: JPY24,223 million (USD305.2 million), +6.7% year-on-year;
• Costs: JPY19,812 million (USD249.6 million), +9.6%;
• Operating profit: JPY2833 million (USD35.7 million), -9.4%;
• Net profit: JPY1729 million (USD21.8 million), -31.4%;
• Passenger numbers: 1.0 million, +6.9%;
• Load factor: 75.5%, -1.3 ppt;
• Total assets: JPY23,329 million (USD293.9 million), +8.5% when compared to period ended 31-Mar-2012;
• Cash on hand and in banks: JPY5699 million (USD71.8 million), +93.4% when compared to period ended 31-Mar-2012;
• Total liabilities: JPY12,260 million (USD154.5 million), +3.9% when compared to period ended 31-Mar-2012;
• FY2012 forecast:
  • Sales: JPY46,000 (USD579.6 million);
  • Operating profit: JPY1400 million (USD17.6 million);
  • Net profit: JPY900 million (USD11.3 million). [more - original PR - Japanese]

*Based on the average conversion rate at USD1 = JPY79.37