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Beijing Capital Int'l Airport's net profit jumps 85.6% in H1

Date: 2009-08-18 10:11Source: chinaknowledge Click: 

 

Beijing Capital International Airport Co Ltd<0694>, the largest and busiest airport in China, realized a net profit of RMB 105 million for the first half of this year, representing a year-on-year increase of 85.6% from RMB 56.32 million a year earlier, sources reported.

According to the company's interim report, its revenue from airline business amounted to RMB 1.51 billion, with after-tax income from airline services reaching RMB 1.46 billion, up 16.46% year on year.

The firm is seeking appropriate time for the A-share listing as the market is recovering, said Zhang Zhizhong, executive chairman of the board, without specifying further details.

The firm's passenger traffic increased 22.51% year on year to 5.89 million in July and aircraft movement rose 8.95% to 42,391, China Knowledge reported earlier.

Shares of Beijing Capital Int'l Airport fell 5.24% to close at HK$4.88 on Monday.

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