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30-Oct-2009 12:02 PM

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

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