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24-Feb-2011 10:58 AM

Rex profits down in 1HFY2011

Regional Express Holdings revenue up 2.9% - financial highlights for the six months ended 31-Dec-2010:

  • Revenue: USD121.5 million, +2.9% year-on-year;
  • Costs: USD109.2 million, +3.9%;
    • Fuel: USD16.0 million, +4.9%;
  • Profit before tax: USD12.2 million, -5.4%;
  • Net profit: USD8.8 million, -8.6%;
  • Passenger numbers: 632,777, -1.4%;
  • Load factor: 61.2%, -1.9 ppt;
  • Average fare: USD162.4, +5.2%;
  • Revenue per ASK: USD 26.4 cents, -0.4%;
  • Total cost per ASK: USD 25.26 cents, +3.7%;
  • Total assets: USD221.4 million. +0.9%;
  • Total liabilities: USD69.4 million, +1.5%. [more]

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