Chubu Centrair International Airport raised its consolidated earnings forecast for the fiscal year ending March 2027. Although there have been significant reductions in flights on Chinese routes, strong performance on routes to South Korea and Taiwan is expected to push passenger numbers above the initial forecast, while higher duty-free store sales are also expected to contribute.
Chubu Centrair International Airport raised its consolidated earnings forecast for the fiscal year ending March 2027. Revenue was set at ¥53.5 billion, operating profit at ¥4.7 billion and net income at ¥2.5 billion. Each figure represents an increase from the previous forecast.
Although flight reductions on Chinese routes have affected passenger trends, strong demand on routes to South Korea and Taiwan has led to an upward revision of the projected passenger count.
Higher duty-free store sales are also said to be contributing to the upward revision, and overall improvement from the previous year is expected.
The earnings forecast revision was announced by the unlisted Chubu Centrair International Airport. Additional information may be released depending on future demand trends and market conditions.