18-Aug-2010 11:13 AM

Beijing Capital International Airport reports revenue jump of 19%

China’s Beijing Capital International Airport Co reported (17-Aug-2010) the following financial/traffic highlights for the six months ended 30-Jun-2010:

  • Revenue: USD401.9 million, +19.0% year-on-year;
    • Aeronautical: USD247.6 million, +11.9%;
    • Non-aeronautical: USD154.3 million, +32.5%;
  • Business tax and levies: USD16.5 million, +13.2%;
    • Aeronautical: USD7.4 million, +3.6%;
    • Non-aeronautical: USD9.1 million, +22.4%;
  • Operating costs: USD295.9 million, +3.5%;
  • Operating profit: USD91.6 million, +145.4%;
  • Net profit: USD29.4 million, +92.3%;
  • Operating cash flow: USD359.4 million, +422.6%;
  • Passenger numbers: 35.1 million, +13.2%;
  • Cargo volume: 732,230 tonnes, +11.0%;
  • Aircraft movements: 251,608, +5.8%;
  • Total assets: USD5,105 million, -4.8% when compared with period ended 31-Dec-2009;
  • Total liabilities: USD3,243 million, -7.7% when compared with period ended 31-Dec-2009. [more]

*Based on the conversion rate at USD1 = CNY6.83

Beijing Capital International Airport Co: “In the second half year of 2010, the air traffic growth in the first half year is expected to be maintained at Beijing Capital Airport, while the international passenger throughput will outperform the domestic passenger throughput in terms of growth. In the second half year of 2010, the Company will actively seek policy support and strengthen the cooperation with other airlines to simplify the transit process, improve flight bank and attract transit passengers. In addition, the Company is to proactively launch the regular flights of large aircraft such as Airbus A380 to ease the contradiction between the air traffic growth and the inadequate slots at Beijing Capital Airport,” Company statement. Source: Beijing Capital Airport, 17-Aug-2010.

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