Board of directors of Sheremetyevo International Airport JSC (SVO JSC), operator of Sheremetyevo International Airport, has approved the revenue statement of 2019, reporting RUB 39,239 million, an increase of 24.76% compared to the same period in 2018, the company said.
The company reported net profits of RUB 20,480 million, an increase of 122.22% over 2018.
Revenue was up 14% for aviation activities and 11% for non-aviation activities. The growth in cost of sales amounted to 21.79%, a total of RUB 12,962 million.
Gross income of SVO JSC in 2019 amounted to RUB 26,277 million, which exceeded the level of 2018 by 26.27%. The company´s net profit, totaling RUB 20,480 million, was due to both increased revenue and a change in the exchange rate.