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Guangzhou Airport revenue jumps 20%, net profit surge 46% in 3Q2010

27-Oct-2010 1:05 PM

China Guangzhou Baiyun Airport revenue jump 20% - financial highlights for the three months ended 30-Sep-2010 (according to Chinese Accounting Standards):

  • Revenue*: USD144.5 million, +20.4% year-on-year;
  • Operating costs: USD86.7 million, +23.5%;
  • Operating profit: USD38.7 million, +38.2%;
  • Net profit: USD27.3 million, +46.0%;
  • Total assets: USD1,573 million, -6.7%;
  • Total liabilities: USD589.7 million, -18.2%.

* Based on the conversion rate at USD1 = CNY6.6628