1-Mar-2011 1:02 PM
Cargojet revenue up 9%, net profit down 50% in 2010
Cargojet revenue up 9% - financial highlights for the 12 months ended 31-Dec-2010:
- Revenue: USD160.8 million, +8.8% year-on-year;
- Profit before tax**: USD12.1 million, -4.2%;
- Net profit: USD4.2 million, -50.5%;
- Total assets: USD124.4 million, -10.6%;
- Total liabilities: USD70.0 million, -23.2%. [more]
*Based on the conversion rate at CAD1 = USD1.02972
**Before non-controlling interests and discontinued operations