Guangzhou Baiyun airport Q1 2013 net profit up 20%

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Guangzhou Baiyun International Airport's first quarter net profit for 2013 rose by 20% to yuan (CNY) 216 million ($35 million) compared with the same period last year.

The airport's operating income increased by 6.5% to CNY1.18 billion from CNY1.11 billion, it said in a Shanghai Stock Exchange filing.

Operating profit rose by 29% to CNY308 million, up from CNY240 million, it adds.