30-Apr-2012 12:03 PM

China Eastern net profit down 73.7% in 1Q2012

China Eastern operating revenue up 6.4% - financial highlights for the three months ended Mar-2012:

  • Total revenue*: CNY19,324.1 million (USD3068.5 million), +6.4% year-on-year;
  • Total operating costs: CNY19,566.5 million (USD3107 million), +12.5%;
  • Operating profit/loss: (CNY195.7 million) (USD31.1 million), compared to a operating profit of CNY900.8 million (USD143.0 million) in p-c-p;
  • Net profit: CNY266.5 million (USD42.3 million), -73.7%;
  • Total assets: CNY114,579.3 million (USD18,194.1 million), +2.1% when compared to period ended 31-Dec-2011. [more – original PR]

*Based on the average conversion rate at USD1 = CNY6.2976