1-Aug-2012 1:52 PM
Jazeera Airways reports record second quarter profits in 2Q2012
Jazeera Airways revenue up 12% - financial highlights:
- Three months ended 30-Jun-2012:
- Operating revenue: KWD15.6 million (USD56.0 million), +11.8% year-on-year;
- Operating costs: KWD11.4 million (USD40.9 million), +2.5%;
- Operating profit: KWD4.2 million (USD15.1 million), +49.2%;
- Net profit: KWD2.6 million (USD9.3 million), +23.5%;
- Six months ended 30-Jun-2012:
- Operating revenue: KWD28.3 million (USD101.5 million), +11.8%;
- Operating costs: KWD21.8 million (USD78.2 million), +5.6%;
- Operating profit: KWD6.4 million (USD23.0 million), +39.9%;
- Net profit: KWD3.8 million (USD13.6 million), +21.6%;
- Average yield: KWD48.0 (USD172.2), +18.4%. [more - original PR]
*Based on the average conversion rate at USD1 = KWD0.2787 for the period