JEJU air operating profit declines 26% in 2Q2018

    JEJU air reported (07-Aug-2018) the following financial highlights for the three months ended 30-Jun-2018:

    • Revenue: KRW283,300 billion (USD262.3 million), +24% year-on-year;
      • Ancillary: KRW23.6 billion (USD21.9 million), +14%;
    • Operating profit: KRW11.9 billion (USD11.0 million), -26%;
    • Net profit: KRW16.5 billion (USD15.3 million), +9.0%;
    • Passengers: 3.0 million, +16%;
    • Passenger load factor: 90.9%, +0.6ppt;
    • Yield:
      • Domestic: USD 10.82 cents, +4%;
      • International: USD 5.00 cents, -3.8%
    • Total assets: KRW905.2 billion (USD838.2 million);
    • Total liabilities: KRW534.2 billion (USD494.6 million). [more – original PR]

    *Based on the average conversion rate at KRW1 = USD0.000926