Nok Air revenue up 19% in 2016

Nok Air revenue up 19% - consolidated financial highlights for 12 months ended 31-Dec-2016:

• Total revenue: THB16,938 million (USD479.3 million), +18.5% year-on-year;
• • NokScoot: THB3905 million (USD110.5 million);
  • Passenger: THB14,762 million (USD417.8 million), +14.8%;
  • Service revenue: THB1463 million (USD41.4 million), +63.0%;
• Total costs: THB20,194 million (USD571.5 million), +26.6%;
• • NokScoot: THB4512 million (USD127.7 million);
• Profit (loss) before tax: (THB3270 million) (USD92.5 million), compared to a loss of THB1658 million (USD46.9 million) in p-c-p;
• Net profit (loss): (THB3270 million) (USD92.5 million), compared to a loss of THB1664 million (USD47.1 million) in p-c-p;
• • NokScoot: (THB612.0 million) (USD17.3 million);
• Passenger numbers: 8.6 million, -0.2%;
• Passenger load factor: 85.1%, +1.0 ppt;
• Passenger yield: THB2.18 (USD 6.2 cents), -0.1%;
• Revenue per ASK: THB2.02 (USD 5.7 cents), -0.1%;
• Cost per ASK: THB2.51 (USD 7.1 cents), +0.3%;
• Cost per ASK excl fuel: THB2.07 (USD 5.9 cents), +0.4%;
• Total assets: THB6001 million (USD169.8 million);
• Cash and cash equivalents: THB3231 million (USD91.4 million);
• Total liabilities: THB6341 million (USD179.5 million). [more - original PR]

*Based on the average conversion rate at THB1 = USD0.0283
**Traffic figures excludes subsidiaries