1-Mar-2011 1:02 PM

Cargojet revenue up 9%, net profit down 50% in 2010

Cargojet revenue up 9% - financial highlights for the 12 months ended 31-Dec-2010:

  • Revenue: USD160.8 million, +8.8% year-on-year;
  • Profit before tax**: USD12.1 million, -4.2%;
  • Net profit: USD4.2 million, -50.5%;
  • Total assets: USD124.4 million, -10.6%;
  • Total liabilities: USD70.0 million, -23.2%. [more]

*Based on the conversion rate at CAD1 = USD1.02972
**Before non-controlling interests and discontinued operations

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