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

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