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Shanghai International Airport's H1 Profit Rises 16%, Revenue Increases 2%

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Shanghai International Airport's (SHA:600009) net profit attributable to shareholders in the first half rose 16% to 1.22 billion yuan from 1.04 billion yuan a year earlier, according to a Shanghai bourse filing on Thursday.

Earnings per share climbed 17% year on year to 0.49 yuan from 0.42 yuan.

Operating revenue increased 2.4% to 6.50 billion yuan from 6.35 billion yuan in the prior year.

The Chinese airport company announced a cash dividend payout of 0.27 yuan per share.

The company's shares rose 1% during the afternoon trade.

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