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Beijing Capital International Airport Co reports double-digit profit growth in 1H2012

24-Aug-2012 3:12 PM

China’s Beijing Capital International Airport Co revenue up 8% – financial highlights for six months ended 30-Jun-2012:

  • Total revenue: CNY3357 million (USD532.6 million), +8.0% year-on-year;
    • Aeronautical: CNY1940 million (USD307.8 million), +6.3%;
    • Non-aeronautical: CNY1417 million (USD224.8 million), +10.3%;
      • Concessions: CNY978.1 million (USD155.2 million), +11.5%;
  • Operating profit: CNY1111 million (USD176.3 million), +11.9%;
  • Net profit: CNY579.5 million (USD91.9 million), +12.7%;
  • Passenger numbers: 39.4 million, +4.0%;
  • Cargo volume: 827,366 tonnes, +7.4%;
  • Aircraft movements: 271,780, +4.1%;
  • Total assets: CNY33,397 million (USD5299 million), -1.5% when compared to period ended 31-Dec-2011;
  • Cash and cash equivalents: CNY1228 million (USD194.9 million), +29.5% when compared to period ended 31-Dec-2011;
  • Total liabilities: CNY18,534 million (USD2941 million), -4.6% when compared to period ended 31-Dec-2011. [more - original PR]

*Based on the average conversion rate at USD1 = CNY6.3027 for the period

Beijing Capital International Airport Co: “Viewing as a whole, there will still be considerable downward pressure on the macro economy in the second half year of 2012, which will restrain travel demands and the growth of the whole aviation industry to certain extent. Notwithstanding this, with the replenishment of operating resources at the Beijing Capital Airport as well as the Company’s continuous efforts to develop the aviation market, the air traffic volume of the Beijing Capital Airport is expected to maintain steady growth.” Source: Company statement, 23-Aug-2012.