Loading
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

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More