Loading
2-Apr-2012 1:17 PM

Xiamen Airport reports double digit profit growth in 2011

China’s Xiamen Airport revenue up 19% – financial highlights for 12 months ended 31-Dec-2011 (according to Chinese Accounting Standards):

  • Total operating revenue: CNY995.4 million (USD154.2 million), +18.7% year-on-year;
    • Aviation: CNY663.0 million (USD102.7 million), +19.9%;
    • Lease and license: CNY206.0 million (USD31.9 million), +20.9%;
    • Cargo terminal and cargo services: CNY82.8 million (USD12.8 million), +9.2%;
    • Ground handling: CNY9.1 million (USD1.4 million), +12.8%;
  • Operating profit: CNY456.4 million (USD70.7 million), +17.6%;
  • Net profit: CNY326.3 million (USD50.5 million), +16.5%;
  • Total assets: CNY2249 million (USD348.4 million), +16.5%;
  • Total liabilities: CNY188.7 million (USD29.2 million), +0.6%;
  • Passenger numbers: 15.8 million, +19.3%;
  • Cargo volume: 260,600 tonnes, +6.1%;
  • Aircraft movements: 135,600, +16.3%.

*Based on the average conversion rate at USD1 = CNY6.4554 for the period

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