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Guangzhou Baiyun Airport reports double-digit profit growth in 2011

15-Mar-2012 12:47 PM

China’s Guangzhou Baiyun Airport revenue up 10% – financial highlights for 12 months ended 31-Dec-2011 (according to Chinese Accounting Standards):

  • Total operating revenue: CNY4239 million (USD662.4 million), +9.7% year-on-year;
    • Aeronautical: CNY2328 million (USD363.8 million), +12.1%;
    • Non-aeronautical: CNY1911 million (USD298.6 million), +6.9%;
  • Operating profit: CNY954.3 million (USD128.4 million), +14.5%;
  • Net profit: CNY697.1 million (USD93.8 million), +18.6%;
  • Total assets: CNY10,639 million (USD1431 million), -5.8%;
  • Total liabilities: CNY3551 million (USD477.6 million), -21.6%;
  • Passenger numbers: 45.0 million, +9.9%;
  • Cargo volume: 1.2 million tonnes, +3.1%;
  • Aircraft movements: 349,300, +6.1%.