China Airlines reports USD6m operating profit in 2Q2013

China Airlines revenue down 4% - financial highlights:

• Three months ended 30-Jun-2013:
• • Operating revenue: TWD34,188 million (USD1152 million), -3.6% year-on-year;
  • Operating costs: TWD31,304 million (USD1055 million), -4.5%;
  • Operating profit: TWD180.8 million (USD6.1 million), compared to a loss of TWD16.0 million (USD538,000) in p-c-p;
  • Net profit (loss): (TWD116.2 million) (USD3.9 million), compared to a loss of TWD317.1 million (USD10.7 million) in p-c-p;
• Six months ended 30-Jun-2013:
• • Operating revenue: TWD67,264 million (USD2266 million), -2.7%;
  • Operating costs: TWD62,437 million (USD2103 million), -5.1%;
  • Operating profit (loss): (TWD478.4 million) (USD16.1 million), compared to a loss of TWD1953 million (USD65.8 million) in p-c-p;
  • Net profit (loss): (TWD1223 million) (USD41.2 million), compared to a loss of TWD1648 million (USD55.5 million) in p-c-p;
  • Total assets: TWD219,894 million (USD7408 million);
  • Cash and cash equivalents: TWD15,841 million (USD533.7 million);
  • Total liabilities: TWD167,819 million (USD5654 million).

*Based on the average conversion rate at USD1 = TWD29.6829