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Guangzhou Baiyun International Airport Co 1H2012 operating profit up 12%

29-Aug-2012 1:48 PM

China’s Guangzhou Baiyun International Airport Co revenue up 13% – financial highlights for six months ended 30-Jun-2012 (according to Chinese Accounting Standards):

  • Revenue: CNY2289 million (USD363.2 million), +12.9% year-on-year;
  • Operating profit: CNY520.1 million (USD82.5 million), +12.2%;
  • Net profit: CNY389.1 million (USD61.7 million), +18.6%;
  • Passenger numbers: 23.6 million, +7.4%;
  • Cargo volume: 593,800 tonnes, +5.5%;
  • Aircraft movements: 183,400, +7.2%;
  • Total assets: CNY10,689 million (USD1696 million), +0.5% when compared to period as at 01-Jan-2012;
  • Total liabilities: CNY3602 million (USD571.4 million), +1.4% when compared to period as at 01-Jan-2012.

*Based on the average conversion rate at USD1 = CNY6.3027 for the period