Increases in passenger traffic and takeoffs and landings at Sheremetyevo International airport helped Sheremetyevo JSC achieve significant growth in financial performance over the first nine months of 2019.
Revenue under RAS amounted to 29,504 million rubles, an increase of 27.4 percent compared to the same period in 2018, including 36.2 percent in aviation activities and 14.9 percent in non-aviation activities. The growth in cost of revenue amounted to 31.3 percent, or 9,272 million rubles, the airport’s press service said.
Gross earnings of MASH JSC for the first nine months of 2019 amounted to 20,232 million rubles, which exceeded the level of the same period in 2018 by 25.6 percent.
The company’s net profit for the first nine months of 2019 amounted to 15,692 million rubles, an increase of 104.7 percent compared to the same period in 2018, which was mainly due to the increase in aviation revenue and changes in exchange rates.