1-Nov-2010 12:17 PM
Hainan Airlines' operating profit up 687% in 3Q2010
Hainan Airlines revenue surge 33% - financial highlights for the three months ended 30-Sep-2010 (according to Chinese Accounting Standards):
- Operating revenue*: USD910.2 million, +33.0% year-on-year;
- Operating profit: USD213.0 million, +687.1%;
- Net profit: USD183.3 million, +597.9%;
- Total assets: USD9,950 million, +12.0% when compared with period ended 31-Dec-2009;
- Total liabilities: USD8,135 million, +4.2% when compared with period ended 31-Dec-2009.
*Based on the conversion rate at USD1 = CNY6.682