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PAKISTAN INTERNATIONAL AIRLINES
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(Rs mn)                 9MCY11     9MCY10        chg
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Revenue                 91,616     81,480        12%
Aircraft fuel           45,384     30,655        48%
Other costs             41,546     39,962         4%
Gross profit             4,686     10,962       -57%
Gross margin                5%        13%
Distribution cost        5,844      4,984        17%
Admin cost               6,304      6,402        -2%
Exchange loss            1,461      1,998       -27%
Operating profits      (9,319)    (2,206)       322%
Finance cost             7,696      7,211         7%
After-tax loss          18,356     10,425        76%
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Source: KSE notice