Loading
31-Jul-2013 4:57 PM

Skymark Airlines reports operating loss in 1QFY2013, FY guidance remains unchanged

Skymark Airlines revenue down 4% - financial highlights for three months ended 30-Jun-2013:

  • Operating revenue: JPY18,478 million (USD187.1 million), -3.5% year-on-year;
  • Operating costs: JPY20,105 million (USD203.6 million), +10.4%;
  • Operating profit (loss): (JPY2477 million) (USD25.1 million), compared to a profit of JPY56 million (USD600,000) in p-c-p;
  • Net profit (loss): (JPY1241 million) (USD12.6 million), compared to a loss of JPY1050 million (USD10.6 million) in p-c-p;
  • Total assets: JPY77,212 million (USD781.7 million);
  • Cash and cash on hand: JPY18,533 million (USD187.6 million);
  • Total liabilities: JPY31,946 million (USD323.4 million);
  • FY2013 forecast:
    • Operating revenue: JPY95,100 million (USD962.8 million);
    • Operating profit: JPY5800 million (USD58.7 million);
    • Net profit: JPY3300 million (USD33.4 million). [more - original PR - Japanese]

*Based on the average conversion rate at USD1 = JPY98.77

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More