TABLE-Shanghai Intl Airport 2007 net up 12 pct
March 28 (Reuters) - Year ended Dec. 31, 2007.
(in millions of yuan unless stated, against 2006 figures):
2007 2006
Turnover 3,144.25 vs 2,959.49
Net profit 1,694.98 vs 1,513.21
Earnings per share (yuan) 0.880 vs 0.785
Assets per share (yuan) 5.996 vs 5.267
Company: Shanghai International Airport Co (600009.SS: Quote, Profile, Research, Stock Buzz), is the operator of Pudong International Airport, the country's second-busiest airport.
Note: The company published audited results, compiled under domestic accounting standards, in the Shanghai Securities News on Friday.
Shanghai International Airport attributed the higher earnings to robust air traffic, with passenger volume rising 7.96 percent last year to 28.92 million, while cargo volume was up 18.05 percent at 2.56 million tonnes.
On Wednesday, Pudong Airport added a second terminal and a third runway, part of a 19.7 billion yuan ($2.81 billion) expansion scheme which will boost its passenger capacity to 80 million and cargo capacity to 5.7 million tonnes by 2015.
Shanghai International Airport said last week that a new fee structure, which took effect on March 1, would reduce its income by about 10 percent.
China's aviation regulator announced in January that the country's airports would be required to cut landing and take-off fees for foreign airlines, to bring them into line with fees paid by Chinese airlines and improve the competitiveness of the airport industry. ($1=7.010 yuan) (Reporting by Fang Yan in Shanghai; Editing by Edmund Klamann)
© Thomson Reuters 2008 All rights reserved
Ads by Career Builder
Utility Technician
Details: ...system facilities. Stocks vehicle with necessary equipment and material. Excavates and backfills trenches in order to complete repairs...
Utility Operator
Details: ...Honeywell Electronic Materials SBE (HEM) is...providing electronic materials and Ultrapure...semi-conductor industry. HEM offers Ultrapure...Honeywell Electronics Material team, within...Operate support utilities such as cooling...
Piping Engineer
Details: ...record in Food and Beverage Industry with technical expertise in sanitary piping, bulk material handling, utilities, industrial HVAC. Must...diagrams, P & IDs, plot plan, material selection, piping layout...
Central Utility Plant Operator
Details: We currently seek a high caliber Central Utility Plant Operator to work on a contract basis for a long term assignment. Based in Boulder, CO, you will be working for one of the world’s leading engineering, procurement & construction companies.








