INTERNATIONAL PASSENGER NUMBERS HELP SYDNEY AIRPORT POST GROWTH ACROSS ALL DIVISIONS
Written on the 22 August 2017 by Business News Australia
SYDNEY Airport (ASX: SYD) has posted a first half profit rise of 4.4 percent to $166.6 million, thanks to a rise in international passenger numbers.
The airport processed 21 million passengers in the six months to June 30, up from 20.2 million from the previous year, with international travellers increasing by 7.7 per cent and domestic up by 1.3 per cent.
The growth in passengers helped generate revenue of $714.2 million for the six months ending 30 June 2017, up from $661.9 million in 2016.
Author: Business News Australia