6-Aug-2013 3:15 PM

Ethiopian Airlines operating profit up 154% in FY2012

Ethiopian Airlines revenue up 37% – financial highlights for 12 months ended 30-Jun-2012:

  • Total revenue: ETB33,815 million (USD1952 million), +36.6% year-on-year;
    • Passenger: ETB25,885 million (USD1494 million), +36.3%;
    • Cargo: ETB4540 million (USD262.1 million), +46.6%;
  • Total costs: ETB32,766 million (USD1892 million), +34.6%;
  • Operating profit: ETB1049 million (USD60.6 million), +154%;
  • Net profit: ETB734 million (USD42.4 million), -40.4%;
  • Passenger traffic (RPKs): +23%;
  • Load factor: 72.2%, +0.7 ppt;
  • Total assets: ETB26,368 million (USD1522 million);
  • Cash and bank balances: ETB2772 million (USD160.0 million). [more - original PR]

*Based on the average conversion rate at USD1 = ETB17.3218

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