Incheon airport duty free sales up a third in 2010

Incheon International Airport Corp reported revenue increased 33% year-on-year to USD1.267 billion in 2010, the first time the company has passed the USD1 billion milestone. The company forecast a double-digit revenue increase in 1Q2011, thanks to strong passenger traffic growth at Incheon airport.

Shares in duty free and airport suppliers finished lower on Monday, as global markets dipped due to the effect of the Japanese earthquake. Restaurant and catering company Do & Co dropped 5.1% in trading. The company provides catering services to more than 60 airlines.

Selected Duty Free daily share price movements (% change): 14-Mar-2011