Asiana Airlines operating profit down 40% in 3Q2012

Asiana Airlines revenue up 5% - financial highlights for three months ended 30-Sep-2012:

• Revenue: KRW1508 billion (USD1331 million), +6.9% year-on-year;
  • Passenger:
    • International: KRW946,100 million (USD835.1 million), +7.3%;
  • Cargo: KRW329,900 million (USD291.2 million), +5.3%;
• Total costs: KRW1411 billion (USD1246 million), +12.2%;
  • Fuel: KRW549,600 million (USD485.1 million), +14.9%;
  • Labour: KRW162,800 million (USD143.7 million), +11.4%;
• Operating profit: KRW96,300 million (USD85.0 million), -39.6%;
• Net profit: KRW70,200 million (USD62.0 million), compared to a loss of KRW47,400 million (USD41.8million) in p-c-p;
• Passenger traffic (RPKs):
  • International: +7.2%;
• Passenger load factor:
  • International: 80.2%, -0.4 ppt;
• Passenger yield:
  • International: KRW112.6 (USD 9.94 cents), +0.1%;
• Cargo traffic (RFTKs): +8.9%;
• Cargo load factor: 77.5%, +2.8 ppts;
• Cargo yield: KRW313.7 (USD 27.69 cents), -3.3%;
• Assets: KRW5740 billion (USD5066 million), +8.9% when compared to period ended 31-Dec-2011;
• Liabilities: KRW4824 billion (USD4258 million), +8.2% when compared to period ended 31-Dec-2011. [more - original PR]

*Based on the average conversion rate at USD1 = KRW1132.95 for the period