Hokkaido Air System back in the black in FY2013

Hokkaido Air System revenue up 21% - financial highlights for 12 months ended 31-Mar-2014:

• Revenue: JPY2501 million (USD25.0 million), +21.0% year-on-year;
• Costs: JPY2466 million (USD24.6 million), +3.9%;
• Operating profit: JPY35 million (USD350,000), compared to a loss of JPY305 million (USD3.0 million) in p-c-p;
• Net profit: JPY138 million (USD1.4 million), compared to a loss of JPY296 million (USD3.0 million) in p-c-p;
• Passenger numbers: 172,657, +22.9%;
• Load factor: 58.7%, +9.2 ppts;
• Total assets: JPY811 million (USD8.1 million);
• Total liabilities: JPY789 million (USD7.9 million). [more - original PR - Japanese]