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Shandong Airlines operating profit down 34% in 3Q2013

24-Oct-2013 3:38 PM

Shandong Airlines revenue down 1% – financial highlights for three months ended 30-Sep-2013:

  • Total operating revenue: CNY3309 million (USD540.0 million), -1.0% year-on-year;
  • Total operating costs: CNY2899 million (USD473.1 million), +7.4%;
  • Operating profit: CNY421.4 million (USD68.8 million), -34.4%;
  • Net profit: CNY402.9 million (USD65.8 million), -20.7%;
  • Total assets: CNY11,487 million (USD1875 million);
  • Total liabilities: CNY8683 million (USD1417 million). [more - original PR]

*Based on the average conversion rate at USD1 = CNY6.1275