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Shandong Airlines revenue up 36%, net profit doubles in 2010

29-Mar-2011 12:12 PM

Shandong Airlines revenue up 36% - financial highlights for the 12 months ended 31-Dec-2010 (based on Chinese Accounting Standards):

  • Revenue: USD1111 million, +35.6% year-on-year;
  • Total operating costs: USD984.4 million, +26.8%
  • Operating profit: USD125.5 million, +214.7%;
  • Net profit: USD96.6 million, +109.9%;
  • Total assets: USD1360 million, +10.2%;
  • Total liabilities: USD1143 million, +3.8%;
  • Passenger numbers: 9.3 million, +19.6%;
  • Cargo volume: 99,800 tons, +22.7%. [more]

* Based on the conversion rate USD1 = CNY6.564