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30-Aug-2012 1:45 PM

Xiamen International Airport Co reports double-digit 1H2012 profits

China’s Xiamen International Airport Co revenue up 14% – financial highlights for six months ended 30-Jun-2012:

  • Operating revenue: CNY534.8 million (USD84.9 million), +14.2% year-on-year;
    • Aviation: CNY385.4 million (USD61.1 million), +16.1%;
    • Lease and concession: CNY92.0 million (USD14.6 million), +15.4%;
    • Cargo terminal and cargo service: CNY38.8 million (USD6.2 million), -2.9%;
    • Ground handling: CNY5.6 million (USD892,291), +19.2%;
  • Operating profit: CNY247.9 million (USD39.3 million), +16.4%;
  • Net profit: CNY173.8 million (USD27.6 million), +15.3%;
  • Passenger numbers: 8.3 million, +11.7%;
  • Cargo volume: 127,000 tonnes, +1.5%;
  • Aircraft movements: 69,700, +8.3%;
  • Total assets: CNY2449 million (USD388.5 million), +8.9% when compared to period as of 01-Jan-2012;
  • Total liabilities: CNY237.4 million (USD37.7 million), +25.8% when compared to period as of 01-Jan-2012.

*Based on the average conversion rate at USD1 = CNY6.3027 for the period

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