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China Eastern Airlines operating profit down 20% in 3Q2012

31-Oct-2012 10:39 AM

China Eastern Airlines revenue up 3% – financial highlights for three months ended 30-Sep-2012 (according to PRC Accounting Standards):

  • Total revenue: CNY25,126 million (USD3972 million), +2.8% year-on-year;
  • Total operating costs: CNY22,661 million (USD3582 million), +6.5%;
  • Operating profit: CNY2546 million (USD402.4 million), -20.4%;
  • Net profit: CNY2635 million (USD416.5 million), -20.4%;
  • Total assets: CNY98,810 million (USD15,620 million), +11.2% when compared to period commencing 01-Jan-2012;
  • Monetary capital: CNY2123 million (USD335.5 million), +75.1% when compared to period commencing 01-Jan-2012;
  • Total liabilities: CNY74,109 million (USD11,716 million), +11.4% when compared to period commencing 01-Jan-2012. [more – original PR]

*Based on the average conversion rate at USD1 = CNY6.3257 for the period