Shanghai Airport’s operational costs increase by 60%
Shanghai International Airport Co Ltd, a subsidiary of Shanghai Airport Authority, managed to increase its revenues by 4.9% in the three months ended 30-Sep-08. But operating cost increases of 80.3% in 3Q08 ensured a dramatic reduction in both operating (-60.8%) and net (-65.3%) profit in the period. Net profit for the nine months ended Sep-08 was down by 48.2% year-on-year. [437 words]
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Graphs and data:
- Shanghai International Airport Co Ltd financial highlights (USD million)
- Shanghai Airport year-on-year financial performance in 3Q08 and nine months ended 30-Sep-08
- Shanghai Airport financial performance YTD3Q08 vs. YTD3Q07
- Selected Chinese Mainland airports passenger numbers: Oct-07 to Sep-08
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