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Yuan

Capital's runway plans to go ahead

PUBLISHED : Monday, 21 March, 2011, 12:00am
UPDATED : Friday, 28 October, 2016, 9:17am

Beijing Capital International Airport says it is planning to build a fourth runway despite competition from Shanghai-Beijing high-speed train services. The group said yesterday that its net profit had more than doubled to 595.19 million yuan (HK$705.5 million) last year from 295.97 million yuan in 2009 on 16.35 per cent growth in revenue to 5.77 billion yuan, helped by exchange gains, which rose to 81.18 million yuan from 2.44 million yuan.