Loading
26-Apr-2013 11:42 AM

Air China net profit up 4% in 1Q2013

Air China revenue down 0.8% - consolidated financial highlights for the three months ended Mar-2013 (according to Chinese Accounting Standards):

  • Total revenue*: CNY22,719 million (USD3619.5 million), -0.8% year-on-year;
  • Total operating costs: CNY22,575.4 million (USD3596.6 million), -0.6%;
  • Profit from operations: CNY213.2 million (USD34 million), +12.6%;
  • Net profit: CNY248.6 million (USD39.6 million), +4.0%. [more - original PR]

*Based on the average conversion rate at USD1 = CNY6.2769

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More