30-Oct-2017 10:55 AM
Air China reports 41% operating profit growth in 3Q2017
Air China reported (28-Oct-2017) the following financial highlights for three months ended 30-Sep-2017:
- Total operating revenue: CNY34,841 million (USD5223 million), +9.1% year-on-year;
- Total operating costs: CNY27,682 million (USD4150 million), +2.5%;
- Operating profit: CNY7270 million (USD1090 million), +41.3%;
- Net profit: CNY5685 million (USD852.2 million), +32.1%;
- Total assets: CNY239,074 million (USD35,838 million);
- Cash and bank: CNY12,520 million (USD1877 million);
- Total liabilities: CNY144,728 million (USD21,695 million). [more - original PR - English/Chinese]
*Based on the average conversion rate at CNY1 = USD0.149904