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Shanghai Int'l Airport profit up 37 pct in Q1

April 28, 2019


Abstract : Shanghai International Airport Co., Ltd. reported a 36.7 percent year-on-year growth in net profit for the first quarter of 2019.

SHANGHAI, April 26 (Xinhua) -- Shanghai International Airport Co., Ltd. reported a 36.7 percent year-on-year growth in net profit for the first quarter of 2019.

In a filing to the Shanghai Stock Exchange, the operator of Shanghai Pudong International Airport, the company said it made a net profit of 1.39 billion yuan (206 million U.S. dollars) in the January-March period.

Revenue rose 21.6 percent year-on-year to 2.77 billion yuan.

In 2018, Shanghai Pudong International Airport handled 74 million passengers and 3.77 million tonnes of cargo and mail, the country's second busiest.

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Keyword: China-airport shanghai profit growth

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