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China Southern revenue surges 45% in 3Q

28-Oct-2010 12:01 PM

China Southern Airlines revenue surges 45% - financial highlights for the three months ended 30-Sep-2010 (according to Chinese Accounting Standards):

  • Operating revenue*: USD3,465 million, +45% year-on-year;
  • Profit before tax: USD654.4 million, +1,132%;
  • Net profit: USD455.1 million, +970.8%;
  • Nine months ended 30-Sep-2010:
    • Operating cash flow: USD1,406 million, +4.0%;
    • Total assets: USD16,179 million, +14.1% when compared to period ended 31-Dec-2009;
    • Cash: USD1,217 million, +87% when compared to period ended 31-Dec-2009 due to increase in revenue;

*Based on the conversion rate at USD1 = CNY6.682