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Airport Authority of Hong Kong yr to March net profit 1.92 bln hkd, up 19 pct

Hong Kong (XFN-ASIA) - The Airport Authority of Hong Kong said

its net profit for the year ended March rose 19 pct to 1.92 bln hkd on increased

passenger volumes as well as cargo throughput at the airport.

Turnover stood at 7.74 bln hkd, up 9.4 pct year-on-year, as passenger volume grew 8 pct to 45.1 mln and cargo throughput increased 3.0 pct to 3.6 mln tons, the authority said in a statement.

It said it will distribute total dividend of 1.6 bln hkd to the government, up 23 pct from a year earlier.