Beijing Capital Airport revenue up 16.4% in 2010

China's Beijing Capital Airport revenue up 16.4% - financial highlights for the 12 months ended 31-Dec-2010:

• Revenue*: USD879.2 million, +16.4% year-on-year;
  • Aeronautical: USD542.0 million, +13.8%;
  • Non-aeronautical: USD337.2 million, +20.8%;
    • Concessions: USD212.6 million, +25.0%;
    • Rentals: USD114.1 million, +14.2%;
    • Car parking: USD6.2 million, +27.4%;
    • Management service fee: USD3.1 million, +217.7%;
• Operating profit: USD228.9 million, +6.1%;
• Profit before tax: USD120.7 million, +99.8%;
• Net profit: USD90.6 million, +101.1%;
• Total assets: USD5324 million, -4.8%;
• Cash and cash equivalents: USD134.3 million, +29.1%;
• Total liabilities: USD3279 million, -10.2%;
• Passenger numbers: 73.9 million, +13.1%;
• Cargo volume: 1.6 million tonnes, +5.1%;
• Aircraft movements: 517,584, +6.0%. [more]

* Based on the conversion rate USD1 = CNY6.5704

Beijing Capital Airport: "As the air traffic volumes grow continuously, Beijing Capital Airport's capacity has gradually becoming saturated. From the mid-term development perspective, Beijing Capital Airport has to enhance its capacity in order to solve the problem brought by rapid increase in air traffic," Company statement. Source: Beijing Capital International Airport, 18-Mar-2011.