Beijing Capital International Airport operating profit down 13% in 1H2019

Beijing Capital International Airport reported (29-Aug-2019) the following financial highlights for the six months ended 30-Jun-2019:

• Revenue: CNY5380 million (USD793.1 million), +1.1% year-on-year;
  • Aeronautical: CNY2034 million (USD299.8 million), -23.0%;
  • Non-aeronautical: CNY3346 million (USD493.2 million), +24.8%;
    • Concessions: CNY2597 million (USD153.3 million), +34.1%;
    • Rentals: CNY657.4 million (USD96.9 million), +1.0%;
    • car parking fees: CNY80.9 million (USD11.9 million), -7.9%;
• Operation expense: CNY3564 million (USD525.3 million), +9.6%;
• Operating profit: CNY1802 million (USD265.6 million), -13.3%;
• Net profit: CNY1290 million (USD190.2 million), -13.2%;
• Total assets: CNY34,781 million (USD5127 million);
  • Cash and cash equivalents: CNY2249 million (USD331.5 million);
• Total liabilities: CNY10,703 million (USD1578 million). [more - original PR]

*Based on the average conversion rate at CNY1 = USD0.1474