Loading
15-Mar-2012 12:47 PM

Guangzhou Baiyun Airport reports double-digit profit growth in 2011

China’s Guangzhou Baiyun Airport revenue up 10% – financial highlights for 12 months ended 31-Dec-2011 (according to Chinese Accounting Standards):

  • Total operating revenue: CNY4239 million (USD662.4 million), +9.7% year-on-year;
    • Aeronautical: CNY2328 million (USD363.8 million), +12.1%;
    • Non-aeronautical: CNY1911 million (USD298.6 million), +6.9%;
  • Operating profit: CNY954.3 million (USD128.4 million), +14.5%;
  • Net profit: CNY697.1 million (USD93.8 million), +18.6%;
  • Total assets: CNY10,639 million (USD1431 million), -5.8%;
  • Total liabilities: CNY3551 million (USD477.6 million), -21.6%;
  • Passenger numbers: 45.0 million, +9.9%;
  • Cargo volume: 1.2 million tonnes, +3.1%;
  • Aircraft movements: 349,300, +6.1%.

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