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Guangzhou Airport reports double-digit profit growth in 1Q2013

30-Apr-2013 1:56 PM

China's Guangzhou Baiyun International Airport revenue up 7% - financial highlights for three months ended 31-Mar-2013:

  • Revenue: CNY1184 million (USD188.7 million), +6.5% year-on-year;
  • Operating profit: CNY308.2 million (USD49.1 million), +28.8%;
  • Net profit: CNY216.4 million (USD34.5 million), +20.1%;
  • Total assets: CNY10,344 million (USD1648 million);
  • Total liabilities: CNY2635 million (USD419.8 million). [more - original PR - Chinese]

*Based on the average conversion rate at USD1 = CNY6.2769