ANA filed Consolidated and Non Consolidated Results Forecast for Fiscal 2001

Travel News - Latest Travel News

ANA filed Consolidated and Non Consolidated Results Forecast for Fiscal 2001

*Travel News Asia*	*Date: 28 March 2001*

All Nippon Airways (ANA) today announced its financial forecast for fiscal year 2001 ending March 31, 2001.

1. Consolidated results forecast for FY 2001 (unit \ millions)

	Operating Revenues	Operating Profit **	Recurring Profit	Net Profit
Forecast as of Nov.22, 2000 * （Original）(A)	1,253,000	－	31,000	20,000
Forecast as of Mar. 28, 2001(B)	1,288,000	89,000	67,000	46,000
Difference(B-A)	35,000	－	36,000	26,000
% Change	2.8%	－	116.1%	130.0%
Previous Results	1,209,647	31,559	1,485	－15,201

2. Non-consolidated results forecast for FY 2001 (unit \ millions)

	Operating Revenues	Operating Profit **	Recurring Profit	Net Profit
Forecast as of Nov.22, 2000 * （Original）(A)	935,000	－	24,000	－12,000
Forecast as of Mar. 28, 2001(B)	968,000	72,000	55,000	－28,000
Difference(B-A)	33,000	－	31,000	－16,000
% Change	3.5%	－	129.2%	－
Pervious Results	911,849	20,605	－2,418	－9,732

note *: November 22, 2000 is the date of our announcement of first half results for FY 2001.

note **:This is the first time to disclose forecast of operating profit.

3. Reasons for filing

Revenue for air transport is expected to exceed the original forecast as of November 22, 2000 due to steady growth in passenger demand for domestic and international operations, especially rapid growth of first class and business class passengers on international operations. Operating expenses are expected to be almost the same as the original forecast.

Because of the above-mentioned conditions, consolidated results of recurring profit and net profit are expected to improve the forecast significantly.

On the other hand, non-consolidated results of net profit are expected to be worse by counting in special losses of related businesses including hotel operations

Subscribe to our Travel Industry News RSS Feed . To do that in Outlook, right-click the RSS Feeds folder, select Add a New RSS Feed, enter the URL of our RSS Feed which is: https://www.travelnewsasia.com/travelnews.xml and click Add. The feed can also be used to add the headlines to your website or channel via a customisable applet. Have questions? Please read our Travel News FAQ. Thank you.