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Shandong Airlines operating profit down 82% in 2Q2013

15-Aug-2013 11:10 AM

Shandong Airlines revenue up 9% – financial highlights for six months ended 30-Jun-2013 (according to Chinese Accounting Standards):

  • Revenue: CNY5525 million (USD884.8 million), +8.9% year-on-year;
  • Total operating costs: CNY5492 million (USD879.6 million), +13.0%;
  • Operating profit: CNY40.7 million (USD6.5 million), -81.9%;
  • Net profit: CNY82,366 million (USD13.2 million), -56.9%;
  • Passenger numbers: 6.5 million, +10.5%;
  • Cargo volume: 61,200 tons, +8.3%;
  • Total assets: CNY11,577 million (USD1854 million);
  • Monetary funds: CNY578.5 million (USD92.7 million);
  • Total liabilities: CNY9176 million (USD1470 million).