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15b yuan in extension of Shanghai Int'l Airport

www.chinanews.cn 2005-03-03 13:43:48

Shanghai International Airport Co., Ltd. released an announcement on
March 1st, stating that it plans to invest in the main extension project
of Shanghai Pudong International Airport, with a budget of about 15
billion yuan. According to the company's 2004 annual report, Pudong
International Airport had 178,700 flights in 2004, an increase of 33.05%
over the previous year. It carried 21.0217 million passengers and 1.8788
million tons of cargo and mail, 39.55% and 38.43% higher than the
previous year, respectively. The per-share profit of Shanghai
International Airport was 0.67 yuan, an increase of nearly 100% over the
previous year. Return on net assets reached 16.32%, up from the 10.33% of
the previous year.

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