Lonrho operating profit from continuing operations up 67% in Dec-2011 quarter

Lonrho reports the following financial highlights:

• Three months ended 31-Dec-2011:
  • Continuing operations revenue: GBP46.1 million, +67.0% year-on-year;
    • Transportation: GBP11.2 million, +144%;
  • Net operating profit: GBP0.7 million, compared to a loss of GBP3.0 million in p-c-p;
• 15 months ended 31-Dec-2011:
  • Revenue: GBP188.6 million;
    • Transportation: GBP35.5 million;
  • Cost of sales: GBP137.9 million;
  • Operating profit: GBP15.1 million;
  • Profit before tax: GBP0.8 million;
  • Net profit: GBP6.0 million;
  • Total assets: GBP331.7 million;
  • Cash at bank: GBP12.7 million;
  • Total liabilities: GBP176.0 million;
  • Employees: 3685;
    • Transportation: 521. [more - Original PR]

According to the group, Fly540 transported a total of 58,619 passengers in Dec-2011 with passenger numbers continuing to grow on all routes.