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Greater Toronto Airports Authority report net losses in 2Q2013 and 1H2013

7-Aug-2013 2:47 PM

Canada’s Greater Toronto Airports Authority reported (06-Aug-2013) the following financial highlights:

  • Three months ended 30-Jun-2013:
    • Revenue: CAD273.4 million (USD269.2 million), -1.7% year-on-year;
    • Profit before interest and financing costs: CAD95.3 million (USD93.9 million), -14.9%;
    • Net profit (loss): (CAD1.3 million) (USD1.3 million), compared to a profit of CAD10.4 million (USD10.2 million) in p-c-p;
  • Six months ended 30-Jun-2013:
    • Revenue: CAD540.9 million (USD532.7 million), -3.0%;
    • Profit before interest and financing costs: CAD185.3 million (USD182.5 million);
    • Net profit (loss): (CAD9.2 million) (USD9.1 million), compared to a profit of CAD10.5 million (USD10.3 million) in p-c-p;
    • Passenger numbers: 17.4 million, +2.6%. [more - original PR]