5-Dec-2012 3:46 PM
Turkish Airlines reports mixed profits in 3Q2012
Turkish Airlines revenue up 21% - financial highlights for three months ended 30-Sep-2012:
- Revenue: TRY4480 million (EUR1986 million), +20.9% year-on-year;
- Passenger: TRY4088 million (EUR1812 million), +27.2%;
- Cargo: TRY297.5 million (EUR131.8 million), +9.6%;
- Cost of sales: TRY3012 million (EUR1335 million), +2.8%;
- Fuel: TRY1339 million (EUR593.5 million), +6.7%;
- Labour: TRY465.8 million (EUR206.4 million), +5.0%;
- Operating profit: TRY1044 million (EUR462.9 million), +205%;
- Net profit: TRY636.9 million (EUR282.3 million), -9.5%;
- Total assets: TRY18,530 million (EUR8212 million), +13.0% when compared to period ended 31-Dec-2011;
- Cash and cash equivalents: TRY2150 million (EUR952.8 million), +38.7% when compared to period ended 31-Dec-2011;
- Total liabilities: TRY13,391 million (EUR5935 million), +12.5% when compared to period ended 31-Dec-2011. [more - original PR]
*Based on the average conversion rate at EUR1 = TRY2.2563