16-Oct-2009 12:40 PM
Airways New Zealand FY2009 revenue up 1.0%, profit down 60%
Airways New Zealand revenue up 1.0% - financial highlights for the 12 months ended 30-Jun-2009:
- Revenue: USD104.0 million, +1.0% year-on-year;
- Air Navigation Services: USD90.4 million, -1.4%;
- International & Tech Ventures: USD13.2 million, +20.6%;
- Costs: USD98.0 million, +5.1%;
- Labour: USD64.9 million, +9.0%;
- Net operating profit after tax: USD5.6 million, -40.1%;
- Profit after tax: USD3.4 million, -57.1%;
- Net profit: USD3.2 million, -60.2%. [more]
- *Based on the conversion rate at USD1 = NZD1.34