Japan Airlines Co operating profit down 30% in 1QFY2013 but maintains full year guidance

Japan Airlines Co revenue up 3% - financial highlights for three months ended 30-Jun-2013:

• Operating revenue: JPY294,100 million (USD2978 million), +2.6% year-on-year;
• • Domestic passenger: JPY108,800 million (USD1102 million), +0.5%;
  • International passenger: JPY98,900 million (USD1001 million), +3.1%;
  • Cargo: JPY18,900 million (USD191.4 million), -1.0%;
• Total operating costs: JPY272,000 million (USD2754 million), +6.5%;
• Operating profit: JPY22,000 million (USD222.7 million), -29.8%;
• Net profit: JPY18,300 million (USD185.3 million), -31.9%;
• Passenger numbers: 9.1 million, +2.5%;
• • Domestic: 7.4 million, +3.5%;
  • International: 1.8 million, -1.2%;
• Load factor: 66.2%, -0.9 ppt;
• • Domestic: 58.6%, -1.1 ppt;
  • International: 72.6%, -0.7 ppt;
• Total assets: JPY1217 billion (USD12,318 million);
• Cash and time deposits: JPY348.0 billion (USD3523 million);
• Total liabilities: JPY633.4 billion (USD6413 million);
• FY2013 forecast:
• • Operating revenue: JPY1272 billion (USD12,878 million);
  • Operating profit: JPY140 billion (USD1417 million);
  • Net profit: JPY118 billion (USD1195 million). [more - original PR]

*Based on the average conversion rate at USD1 = JPY98.77