1-Nov-2010 12:07 PM
Skymark Airlines reports surge in 1HFY2011 profits
Skymark Airlines reported the following parent-only financial highlights for the six months ended 30-Sep-2010 (Reuters, 29-Oct-2010):
- Revenue*: USD328.9 million, +26.6% year-on-year;
- Operating profit: USD72.7 million, +168.0%;
- "Recurring profit": USD67.9 million, +172.0%;
- Net profit: USD34.0 million, +38.5%;
- FY2011 forecast:
- Revenue: USD697.6 million, +36.3%;
- Operating profit: USD112.4 million, +189.5%;
- "Recurring profit": USD107.4 million, +194.3%;
- Net profit: USD67.9 million, +109.3%.
*Based on the conversion rate at USD1 = JPY80.9925