Loading
31-Oct-2011 12:17 PM

China Eastern reports 5% decline in 3Q2011 operating profit

China Eastern Airlines revenue up 12% – financial highlights for three months ended 30-Sep-2011 (according to Chinese Accounting Standards):

  • Total revenue: USD3848 million, +12.0% year-on-year;
  • Total operating costs: USD3347 million, +13.6%;
  • Operating profit: USD503.5 million, -4.6%;
  • Net profit: USD520.6 million, +4.9%;
  • Total assets: USD17,694 million, +11.5% when compared to period ended 31-Dec-2010;
  • Total liabilities: USD14,045 million, +6.0% when compared to period ended 31-Dec-2010. [more – original PR]

*Based on the conversion rate at USD1 = CNY6.3544

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