Kansai Airports Released FY2022 Half-Year Consolidated Financial Results

2022-12-15

Kansai Airports today announced its half-year consolidated financial results for the fiscal year ended March 31, 2022, posting operating revenues of 41.2 billion yen, operating loss of 12.2 billion yen, ordinary loss of 17.4 billion yen and net loss of 12.8 billion yen.

In this fiscal year, air passenger demand is steadily recovering due to the gradual easing of immigration restrictions and the easing of restrictions on movement in Japan. Although the situation remains difficult, operating revenue increased by 34% compared to the previous year.

In addition, KAP continues to reduce expenses including staff costs, and operating profit increased by 5.3 billion yen, ordinary profit by 4.7 billion yen, and net profit by 3.0 billion yen.