PIA 3Q2009 revenue down 3.5%, loss narrows

Pakistan International Airlines revenue down 3.5% - financial highlights (The News/Bloomberg, 30-Oct-2009/29-Oct-2009):

• Three months ended 30-Sep-2009:
  • Revenue: USD263.9 million, -3.5% year-on-year;
  • Net profit (loss): (USD64.5 million), compared to a loss of USD244.7 million in the previous corresponding period;
• Nine months ended 30-Sep-2009:
  • Revenue: USD766.9 million, +5.9%;
  • Profit (loss) before tax: (USD136.8 million), compared to a loss of USD461.1 million in the previous corresponding period;
  • Profit (loss) after tax: (USD129.2 million), compared to a loss of 461.0 million in the previous corresponding period.
  • *Based on the conversion rate at USD1 = PKR83.36