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=========================================================== Pakistan International Airlines =========================================================== (Rs mn) 1HCY12 1HCY11 chg Revenue (net) 54,211 55,825 -3% Aircraft fuel 30,233 29,557 2% Gross Profit (926) 1,736 Distribution cost 3,184 3,431 -7% Administrative expenses 3,854 3,177 21% Exchange loss 4,350 104 4103% Other operating income 137 77 79% Operating profit/(loss) (12,484) (5,190) 141% Finance costs 5,400 4,934 9% Loss for the year (18,022) (10,737) 68% Gross margin -1.71% 3.11% Operating margin -23.03% -9.30% Net margin -33.24% -19.23% ===========================================================
Source: KSE notice