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Airport Authority Hong Kong Books HK$2 Billion Post-Tax Profit for Fiscal Year Ended March

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The Airport Authority Hong Kong declared a post-tax profit of HK$2.04 billion for the fiscal year ended March 31, the airport operator said in a Wednesday release.

The airport operator did not provide year-ago figures. According to a filing last year, it booked HK$2.46 billion in profit.

For the latest reporting period, passenger traffic jumped 14.7% in the quarter to 63 million from a year earlier, while flight movements rose 7.1% to 399,450. Cargo throughput added 2.7% to 5.1 million tonnes, the release said.

The board also declared a HK$500 million dividend, payable to the Hong Kong SAR government, it said.

The Hong Kong International Airport expanded its network by adding 26 destinations during the fiscal year.

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