HNA Infrastructure Company Ltd (0357-HKSE, $8.31) Reports a 19.9% Increase in Revenues for 2017.

In 2017, HNA reported total passenger traffic at the Haikou Meilan Airport of 22.56 million persons. The 2017 passenger throughput grew by 20.11% as compared to 2016. Net earnings grew by 22.9% in 2017 and EPS was reported at $.162 US per share for fiscal 2017.

EBITDA totalled 52.8% of revenues in 2017, up marginally from 52.5% of revenues in 2016. EBITDA surpassed $123.6 million US.

The 2017 announced dividend rate increased by 33.9% over the sum declared for fiscal 2016. At the current share price, the reported dividend rate of $.035 US per share represents a gross yield of 3.3%. This dividend payout represents just 21.8% of fiscal 2017 reported profits.

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