27-Jun-2013 2:12 PM

Airport Authority Hong Kong EBITDA up 8% in FY2013; expects growth to continue

Airport Authority Hong Kong revenue up 8% - financial highlights for 12 months ended 31-Mar-2013:

  • Revenue: HKD13,134 million (USD1693 million), +8.1% year-on-year;
    • Retail licences and advertising: HKD4995 million (USD644 million), +11.1%;
    • Airport charges: HKD3628 million (USD468 million), +3.8%;
    • Airside support services franchises: HKD2012 million (USD259 million), +6.1%;
    • Other terminal commercial revenue: HKD1023 million (USD132 million), +15.9%;
  • EBITDA: HKD8864 million (USD1143 million), +7.6%;
  • Net profit: HKD5624 million (USD725.1 million), +5.4%;
  • Dividend: HKD4400 million (USD567.3 million), +12.8%;
  • Total assets: HKD53,757 million (USD6931 million), +4.5%;
  • Cash and bank balances: HKD2792 million (USD360 million), +56.9%;
  • Total liabilities: HKD13,199 million (USD1702 million), +4.0%;
  • Passenger numbers: 57.2 million, +4.1%;
  • Cargo volume: 4.0 million tonnes, +2.9%;
  • Aircraft movements: 355,000, +4.7%. [more - original PR]

*Based on the average conversion rate at USD1 = HKD7.756

Airport Authority Hong Kong: “Looking ahead, we expect air traffic and passengers spending to continue its growth momentum, resulting in healthy increase in revenue. To cope with the anticipated growth in air traffic in the medium term, 48 new aircraft parking stands in the apron and Midfield area will be commissioned in phases within the next two and a half years,” Stanley Hui, CEO. Source: Company statement, 26-Jun-2013.

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