17-Feb-2017 10:58 AM

Comair reports strong profit growth in 1HFY2017

Comair revenue up 6% - financial highlights for six months ended 31-Dec-2016:

  • Revenue: ZAR3129 million (USD223.2 million), +5.7% year-on-year;
    • Airline: ZAR2993 million (USD213.5 million), +4.7%;
  • Operating costs: ZAR2584 million (USD184.3 million), +0.5%;
  • Operating profit: ZAR545.0 million (USD38.9 million), +40%;
    • Airline: ZAR495.4 million (USD35.3 million), +41.6%;
  • Net profit: ZAR199.0 million (USD14.2 million), +138%;
  • Total assets: ZAR6135 million (USD437.6 million);
  • Total liabilities: ZAR4658 million (USD332.3 million). [more - original PR]
*Based on the average conversion rate at ZAR1 = USD0.071334

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