Shenzhen Airport Q3 net profit falls slightly to CNY78.33 million

BEIJING (XFNews) - Shenzhen Airport Co Ltd said net profit for the third quarter this year was CNY78.33 million, down slightly from 78.63 million a year earlier.

Total revenue for the third quarter rose 12.55% year-on-year to CNY258.4 million.

The company did not provide an explanation for the profit fall amid revenue growth.

In the first nine months, net profit was up 0.85% from a year earlier at CNY260.78 million while total revenue for the period was up 7.58% at CNY738.81 million.

Earnings per share for the three months to September stood at CNY0.0979, down 0.38% from a year earlier.

From July to September, passenger throughput stood at 4.05 million, up 10.99% year-on-year, while freight volume rose 11.78% to 144,200 tons.

The company had total assets of CNY3.34 billion at the end of September, up from CNY3.28 billion at the end of last year.