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]