Hainan Airlines reports double-digit profit increase in 3Q2016

Hainan Airlines revenue up 18% - financial highlights for three months ended 30-Sep-2016:

• Total operating revenue: CNY11,816 million (USD1772 million), +18.1% year-on-year;
• Total operating costs: CNY9897 million (USD484 million), +5.2%;
• Operating profit: CNY2266 million (USD339.9 million), +138.7%;
• Net profit: CNY1835 million (USD275.2 million), +85.8%;
• Total assets: CNY152,923 million (USD22,937 million);
• Cash: CNY40,389 million (USD6058 million);
• Total liabilities: CNY91,467 million (USD13,719 million). [more - original PR]

*Based on the average conversion rate at USD1 = CNY6.66697