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6-Aug-2013 5:15 AM

Ethiopian Airlines operating profit up 154% in FY2012

Ethiopian Airlines revenue up 37% - financial highlights for 12 months ended 30-Jun-2012:

  • Total revenue: ETB33,815 million, +36.6% year-on-year;
    • Passenger: ETB25,885 million, +36.3%;
    • Cargo: ETB4540 million, +46.6%;
  • Total costs: ETB32,766 million, +34.6%;
  • Operating profit: ETB1049 million, +154%;
  • Net profit: ETB734 million, -40.4%;
  • Passenger traffic (RPKs): +23%;
  • Load factor: 72.2%, +0.7 ppt;
  • Total assets: ETB26,368 million;
  • Cash and bank balances: ETB2772 million. [more - original PR]

*Based on the average conversion rate at USD1 = ETB17.3218

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