27-Aug-2012 12:23 PM

China Airlines falls into the red in 1H2012

China Airlines revenue up 3% – financial highlights for six months ended 30-Jun-2012:

  • Operating revenue: TWD70,696 million (USD2392 million), +2.5% year-on-year;
  • Operating costs: TWD66,346 million (USD2245 million), +3.7%;
  • Operating expenses: TWD5269 million (USD178.3 million), +6.8%;
  • Operating profit (loss): (TWD919.2 million) (USD31.1 million), compared to a profit of TWD42.2 million (USD1.4 million) in p-c-p;
  • Net profit (loss): (TWD1040 million) (USD35.2 million), compared to a loss of TWD661.5 million (USD22.4 million) in p-c-p;
  • Total assets: TWD206,262 million (USD6979 million), -1.7%;
  • Cash and cash equivalents: TWD13,279 million (USD449.3 million), +13.7%;
  • Total liabilities: TWD151,069 million (USD5112 million), -5.9%.

*Based on the average conversion rate at USD1 = TWD29.554 for the period