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Shanghai International Airport Co reports falling revenue and profits in 2009

1-Mar-2010 1:05 PM

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