City’s airport, airline make money in 2017

2018-04-03 07:52
BY admin
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The government majority-owned Macau International Airport Company Limited (CAM) has reported a final net profit of 354 million patacas after tax and preferred dividends for last year.

According to a CAM statement issued after last week’s annual general meeting, the company earnt a profit of 451 million patacas before the distribution of preference share dividends in 2017.

The airport’s total income rose 9.6 percent to 4.95 billion patacas last year. CAM’s total income reached 1.4 billion patacas, up 5.5 percent, according to the statement. The company’s aeronautical revenue rose 42.8 percent to 602 million patacas, while its non-aeronautical revenue grew 57.2 percent to 804 million patacas.

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