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Market Update : 
Ping An Drops 10%, Beijing Airport Net Down 90%
Author: 123jump.com Staff
123jump.com
Last Update: 3:33 PM ET September 26 2008


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The airport operator reported sales rise of 21% to 2 billion yuan or $285 million. The net income dropped to 56.3 million yuan or $8.2 million or 0.01 yuan a share from 566.7 million yuan or $82 million or 0.14 yuan a share.

The airport handled 199,830 aircrafts, 0.7% fewer aircrafts in the period from a year ago but total of 26 million passengers passed, an increase of 0.4%. Freight throughput increased 28.4% from a year ago to 638 million metric tons.

As at 30 June 2008, there were 79 airlines operating at the Beijing Airport, including 19 domestic airlines, 5 Hong Kong and Macau airlines, and 55 foreign airlines.

At present, the Beijing Airport is operating with three runways and three terminals. Its designed passenger handling capacity has been expanded from 35 million to 78 million per annum, and its designed freight handling capacity has been expanded from 0.78 million tons to 1.80 million tons per annum.


$50.60
-0.04%
$18.13
-1.84%
$25.39
-0.94%
$146.63
-3.35%
$42.38
-3.92%
$221.41
-1.89%
$118.97
-1.18%
$6.34
-5.37%
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