China Eastern Airlines operating profit up 8.3% in 2019

China Eastern Airlines Corporation Limited reported (31-Mar-2020) the following financial highlights in accordance with International Financial Reporting Standards for the 12 months ended 31-Dec-2019:

• Total operating revenue: CNY128,188 million (USD18,566 million), +5.2% year-on-year;
  
  • Passengers: CNY110,416 million (USD15,992 million), +5.9%;
  • Cargo and mail: CNY3826 million (USD554.1 million), +5.5%;
• Operating costs: CNY118,107 million (USD17,106 million), +4.9%;
  
  • Fuel: CNY34,191 million (USD4952 million), +1.5%;
  • Labour: CNY24,152 million (USD3498 million), +9.1%;
• Operating profit: CNY10,081 million (USD1460 million), +8.3%;
• Net profit: CNY3480 million (USD504.0 million), +18.8%;
• Total assets: CNY285,185 million (USD41,304 million);
  
  • Cash and cash equivalents: CNY1350 million (USD195.5 million);
• Total liabilities: CNY212,539 million (USD30,782 million). [more - original PR]

*Based on the average conversion rate at CNY1 = USD0.144832