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Skymark Airlines reports operating loss in 1QFY2013, FY guidance remains unchanged

31-Jul-2013 4:57 PM

Skymark Airlines revenue down 4% - financial highlights for three months ended 30-Jun-2013:

  • Operating revenue: JPY18,478 million (USD187.1 million), -3.5% year-on-year;
  • Operating costs: JPY20,105 million (USD203.6 million), +10.4%;
  • Operating profit (loss): (JPY2477 million) (USD25.1 million), compared to a profit of JPY56 million (USD600,000) in p-c-p;
  • Net profit (loss): (JPY1241 million) (USD12.6 million), compared to a loss of JPY1050 million (USD10.6 million) in p-c-p;
  • Total assets: JPY77,212 million (USD781.7 million);
  • Cash and cash on hand: JPY18,533 million (USD187.6 million);
  • Total liabilities: JPY31,946 million (USD323.4 million);
  • FY2013 forecast:
    • Operating revenue: JPY95,100 million (USD962.8 million);
    • Operating profit: JPY5800 million (USD58.7 million);
    • Net profit: JPY3300 million (USD33.4 million). [more - original PR - Japanese]

*Based on the average conversion rate at USD1 = JPY98.77