1-Mar-2010 1:05 PM
Shanghai International Airport Co reports falling revenue and profits in 2009
China's Shanghai International Airport Co reports (27-Feb-2010) the following financial highlights of the 12 months ended 31-Dec-2009:
- Total revenue: USD489.0 million, -0.4% year-on-year;
- Aeronautical: USD278.4 million, -1.4%;
- Commercial and F&B: USD97.7 million, +16.2%;
- Property and equipment rental: USD46.5 million, -5.9%;
- Ground services: USD27.9 million, -24.0%;
- Operating costs: USD400.1 million, +11.5%;
- Operating profit: USD127.9 million, -18.6%;
- Net profit: USD103.4 million, -17.8%;
- Shanghai Pudong International Airport:
- Passenger numbers: 31.9 million, +13.1%;
- Cargo volume: 2.5 million tonnes, -2.3%;
- Aircraft movements: 287,916, +8.4%.
*Based on the conversion rate at USD1 = CNY6.83