Guangzhou Baiyun International Airport said first half net profit grew 7.9 percent year-on-year to 270 million yuan, reports 163.com, citing a company filing.
Its competitors, Beijing Capital International Airport and Shanghai International Airport reported first half net profit growth of 85.6 percent and 111.3 percent year-on-year respectively.
Guangzhou Airport reported a 10.9 percent year-on-year increase in first half aircraft movements to 164,600 while passenger and cargo throughput increased 13.2 percent and 34.32 percent year-on-year respectively to 21.09 million person-times and 547,800 tons.
Revenue from its aviation business rose 12.8 percent year-on-year to 1.51 billion yuan in the first half with gross margin of 23.67 percent, down 0.43 percentage point year-on-year.
Revenue from its aviation-related business and non-aviation business in the first half rose 69 percent and 31 percent year-on-year respectively to 930 million yuan and 410 million yuan.
Its competitors, Beijing Capital International Airport and Shanghai International Airport reported first half net profit growth of 85.6 percent and 111.3 percent year-on-year respectively.
Guangzhou Airport reported a 10.9 percent year-on-year increase in first half aircraft movements to 164,600 while passenger and cargo throughput increased 13.2 percent and 34.32 percent year-on-year respectively to 21.09 million person-times and 547,800 tons.
Revenue from its aviation business rose 12.8 percent year-on-year to 1.51 billion yuan in the first half with gross margin of 23.67 percent, down 0.43 percentage point year-on-year.
Revenue from its aviation-related business and non-aviation business in the first half rose 69 percent and 31 percent year-on-year respectively to 930 million yuan and 410 million yuan.
Source: CapitalVue
