10-Feb-2011 11:04 AM

Japan Airport Terminal profits down over nine months

Japan Airport Terminal Co reports the following financial highlights for the nine months ended 31-Dec-2010 (Reuters, 09-Feb-2011):

  • Revenue: USD1233 million, +10.9% year-on-year;
  • Operating profit: USD48.7 million, -3.8%;
  • “Recurring profit”: USD39.5 million, -20.5%;
  • Net profit: USD13.8 million, -41.6%;
  • FY2011 forecast:
    • Revenue: USD1653 million;
    • Operating profit: USD49.8 million;
    • “Recurring profit”: USD34.0 million;
    • Net profit: USD7.3 million.

* Based on the conversion rate USD1 = JPY82.3539