MAp shares dip on financial report for Sydney Airport
Shares in MAp lost 3.2% yesterday, ahead of the release of airport operator’s financial report for Sydney Airport for the three months and 12 months ended 31-Dec-2009. MAp increased its revenue by 11.1% and 5.0% in both periods, respectively, as revenue per passenger increased 3.6% year-on-year for the three months 31-Dec-2009 and 4.6% year-on-year for the 12 months ended 31-Dec-2009. Shares have fallen a further 2.7% in trading today.
