SInGAPORE_AIR
Posts: 11619
Joined: Mon Nov 13, 2000 4:06 am

Korean Air Posts US$151.9 Million H1 Profit

Thu Aug 08, 2002 4:20 pm

Korean Air has announced a profit of 195 300 000 000 Korean Won / US$156 240 000.

Operating profit stood at KRW102 300 000 000 / US$81 840 000 and sales rose 7.0%.

"Passenger and cargo transportation rose 4 per cent and 15 per cent, respectively, from a year earlier, and cost cuts reached 110.5 billion won," a company source said.

Foreign exchange currency gains also helped Korean Air to the tune of KRW202 700 000 000 / US$162 160 000

More information at the Dow Jones / Yahoo website

Information was gathered from the above hyperlinked webpage. Full information can be viewed by clicking the above hyperlink
Anyone can fly, only the best Soar.
 
SInGAPORE_AIR
Posts: 11619
Joined: Mon Nov 13, 2000 4:06 am

RE: Korean Air Posts US$151.9 Million H1 Profit

Thu Aug 08, 2002 4:33 pm

Great(!).

CNN / Reuters are quoting that it's Q2 figures and profit numbers are different.

Click here for more information from the CNN ASIA / Reuters website
Anyone can fly, only the best Soar.
 
airnewzealand
Posts: 2310
Joined: Sat Oct 21, 2000 6:00 pm

RE: Korean Air Posts US$151.9 Million H1 Profit

Fri Aug 09, 2002 6:01 pm

Awesome for Korean Air....finally back on the road of profibility!!

Keep up the great work..and teh grat safety record you ahve ahd for the past few years!

Mike