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27-Mar-2013 11:35 AM

China Eastern Airlines operating profit down 77% in 2012

China Eastern Airlines revenue up 2% – financial highlights for 12 months ended 31-Dec-2012:

  • Revenue: CNYCNY85,569 million (USD13,558 million), +1.9% year-on-year;
    • Passenger: CNY71,078 million (USD11,361 million), +2.6%;
    • Cargo: CNY8013 million (USD1270 million), -1.4%;
  • Operating costs: CNY74,700 million (USD11,836 million), +6.0%;
    • Fuel: CNY29,872 million), +2.2%;
  • Operating profit: CNY827.4 million (USD131.1 million), -77.0%;
  • Net profit: CNY3430 million (USD543.5 million), -29.8%;
  • Passenger numbers: 73.1 million, +6.3%;
    • Domestic: 62.4 million, +6.1%;
    • International: 7.9 million, +9.1%;
    • Regional: 2.8 million, +3.6%;
  • Passenger load factor: 79.8%, +0.9 ppt;
    • Domestic: 80.0%, -0.6 ppt;
    • International: 79.8%, +4.4 ppts;
    • Regional: 75.8%, +2.4 ppts;
  • Cargo volume: 1.4 million tonnes, -1.8%;
    • Domestic: 679,850, -2.8%;
    • International: 641,940, +2.5%;
    • Regional: 94,690, -19.3%;
  • Total assets: CNY120,962 million (USD19,165 million), +7.8%;
  • Total liabilities: CNY95,920 million (USD15,198 million), +6.5%. [more - original PR - Chinese]

*Based on the average conversion rate at USD1 = CNY6.3115

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