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Emirates Group reports 25th consecutive year of profitability in FY2013

10-May-2013 3:00 PM

Emirates Group revenue up 17% – financial highlights for 12 months ended 31-Mar-2013:

  • Revenue and other operating income: AED77,536 million (USD21,110 million), +17.2% year-on-year;
    • Emirates: AED73,113 million (USD19,906 million), +17.4%;
      • Passenger: AED57,477 million (USD15,649 million), +17.4%;
      • Cargo: AED10,346 million (USD2817 million), +8.4%;
    • Dnata: AED6536 million (USD1779 million), +15.3%;
  • Total operating costs:
    • Emirates: AED70,274 million (USD19,133 million), +16.2%;
      • Fuel: AED27,855 million (USD7584 million), +39.6%;
      • Labour: AED9029 million (USD2458 million), +12.8%;
  • Operating profit: AED3654 million (USD994.8 million), +40.7%;
    • Emirates: AED2839 million (USD772.9 million), +56.6%;
    • Dnata: AED815 million (USD221.9 million), +4.0%;
  • Net profit: AED3102 million (USD844.5 million), +34.3%;
  • Passenger numbers: 39.4 million (USD, +15.9%;
  • Passenger load factor: 79.75, -0.3 ppt;
  • Cargo volume: 2.1 million tonnes, +16.1%;
  • Passenger yield: AED30.5 fils (USD 8.3 cents), stable;
  • Total assets: AED102,188 million (USD27,821 million), +21.5%. [more – original PR]

*Based on the average conversion rate at USD1 = AED3.673