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Hainan Airlines operating profit up 31% in 3Q2013

31-Oct-2013 11:01 AM

Hainan Airlines revenue up 2% – financial highlights for three months ended 30-Sep-2013 (according to Chinese Accounting Standards):

  • Operating revenue: CNY8364 million (USD1357 million), +1.6% year-on-year;
  • Operating costs: CNY5614 million (USD910.6 million), +3.2%;
  • Operating profit: CNY1751 million (USD284.0 million), +30.5%;
  • Net profit: CNY1539 million (USD249.6 million), +28.1%;
  • Total assets: CNY102,058 million (USD16,553 million);
  • Total liabilities: CNY76,303 million (USD12,376 million). [more - original PR - Chinese]

*Based on the average conversion rate at USD1 = CNY6.1654