JEJU air reports 12th consecutive profitable quarter in 2Q2017

JEJU air reported (03-Aug-2017) the following financial highlights for three months ended 30-Jun-2017:

• Revenue: KRW228.0 billion (USD201.3 million), +40.7% year-on-year;
• Costs: KRW211.8 billion (USD187.0 million), +31.2%;
• Operating profit: KRW16.2 billion (USD14.3 million), compared to a profit of KRW600 million (USD0.5 million) in p-c-p;
• Net profit: KRW15.2 billion (USD13.4 million), +230%;
• Passengers: 2.5 million, +24.9%;
• Passenger load factor:
  • Domestic: 95.7%, +1.6ppt;
  • International: 86.2%, +6.7ppts;
• Yield:
  • Domestic: USD 10.39 cents, +19.6%;
  • International: USD 5.20 cents, +6.6%;
• Total assets: KRW69,335 billion (USD61.2 billion);
• Total liabilities: KRW40,297 billion (USD35.6 billion). [more - original PR - Korean]

*Based on the average conversion rate at KRW1 = USD0.000883