Soaring sales of 'duty-free' boost profits

Beijing Capital International Airport reports earnings rose by 40 percent

Beijing Capital International Airport Co Ltd has seen significant revenue growth from its non-aviation income, thanks to the booming business of duty-free stores, driven by a constantly growing number of international travelers and their strong spending power.

In the first half of this year, the airport netted sales revenues of 4.61 billion yuan ($700 million), an 8.8 percent increase year-on-year. Of that total, non-aviation income reached 2.16 billion yuan, jumping 13.5 percent over the previous period, according to its latest earnings report.