No. 02/10 21 May 2010
$216 MILLION PROFIT
KEEPS RECORD INTACT
GROUP FINANCIAL PERFORMANCE
The Group earned a net profit attributable to equity holders of $216
million for the financial year ended 31 March 2010, maintaining its unbroken record of
full year profitability. Together with the $404 million net profit in the third quarter, the
fourth quarter net profit of $278 million reversed the $466 million loss recorded in the
first half.
Group revenue in the fourth quarter at $3,336 million rose 0.4% (+$15
million) over the same quarter a year ago, with higher passenger and cargo carriage.
For the quarter, total Group expenditure was reduced by $254 million
(-7.6%) year-on-year to $3,095 million. Expenditure on fuel increased $220 million
(+29.1%) owing to higher jet fuel prices. However, this was offset by a reduction of
$524 million in hedging losses, from $543 million in January – March 2009 to $19
million for the same period this year.
Consequently, Group operating profit for the quarter ended 31 March
2010 was $241 million, a $269 million improvement from the $28 million operating
loss in the corresponding quarter of the preceding year. Discounting the contribution in
January – March 2009 from SATS, which was then a subsidiary, the year-on-year
improvement was $48 million higher at $317 million.
http://www.singaporeair.com/saa/en_UK/docs/company_info/investor/financial/NewsReleaseFY0910.pdf
Al link altre info su flotta e outlook.
$216 MILLION PROFIT
KEEPS RECORD INTACT
GROUP FINANCIAL PERFORMANCE
The Group earned a net profit attributable to equity holders of $216
million for the financial year ended 31 March 2010, maintaining its unbroken record of
full year profitability. Together with the $404 million net profit in the third quarter, the
fourth quarter net profit of $278 million reversed the $466 million loss recorded in the
first half.
Group revenue in the fourth quarter at $3,336 million rose 0.4% (+$15
million) over the same quarter a year ago, with higher passenger and cargo carriage.
For the quarter, total Group expenditure was reduced by $254 million
(-7.6%) year-on-year to $3,095 million. Expenditure on fuel increased $220 million
(+29.1%) owing to higher jet fuel prices. However, this was offset by a reduction of
$524 million in hedging losses, from $543 million in January – March 2009 to $19
million for the same period this year.
Consequently, Group operating profit for the quarter ended 31 March
2010 was $241 million, a $269 million improvement from the $28 million operating
loss in the corresponding quarter of the preceding year. Discounting the contribution in
January – March 2009 from SATS, which was then a subsidiary, the year-on-year
improvement was $48 million higher at $317 million.
http://www.singaporeair.com/saa/en_UK/docs/company_info/investor/financial/NewsReleaseFY0910.pdf
Al link altre info su flotta e outlook.