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Shanghai Pudong reports 23% revenue increase; net and operating profits soar 110%

27-Aug-2010 12:50 PM

China’s Shanghai Pudong Airport revenue up 22.6% - financial highlights for the six months ended 30-Jun-2010 (according to Chinese Accounting Standards):

  • Operating revenue*: USD280.6 million, +22.6% year-on-year;
  • Aeronautical: USD274.2 million, +22.6%;
  • Operating costs: USD177.0 million, +11.3%;
  • Operating profit: USD103.9 million, +109.7%;
  • Net profit: USD80.5 million, +109.8%;
  • Total assets: USD2,489 million, +0.3% when compared with period ended 31-Dec-2009;
  • Passenger numbers: 19.0 million, +27.9%;
  • Cargo volume: 1.6 million tonnes, +50.2%;
  • Aircraft movements: 158,042, +16.7%.

*Based on the average conversion rate at USD1 = CNY6.83474 during the reporting period