Loading
16-Nov-2010 12:07 PM

Central Japan International Airport Co downgrades profit forecast

Central Japan International Airport Co, owner and operator of Chubu Centrair International Airport, reported a net profit of JPY800 million (USD9.6 million) in the six months ended 30-Sep-2010, citing increasing number of Chinese tourists to Japan and travel from Japan to Shanghai for the Shanghai World Expo (Kyodo, 11-Nov-2010). Details include:

  • Revenue*: USD260.9 million, +2.7% year-on-year;
    • Aeronautical: USD109.4 million, -0.6%;
    • Commercial and duty free: USD91.4 million, +7.6%;
  • Passenger numbers: 4.9 million, +4.2%;
  • Cargo volume:
    • International: 59,000 tons, +7.9%;
  • FY2011 forecast:
    • Revenue: USD501.4 million;
    • Profit: USD1.2 million.

*Based on the conversion rate at USD1 = JPY83.1606

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More