China Southern Airlines operating profit down 23% in 3Q2012

China Southern Airlines revenue up 9% - financial highlights for three months ended 30-Sep-2012:

• Total operating revenue: CNY29,844 million (USD4718 million), +9.4% year-on-year;
• Total operating costs: CNY26,938 million (USD4259 million), +16.1%;
• Operating profit: CNY3180 million (USD503 million), -22.7%;
• Net profit: CNY2216 million (USD350 million), -29.2%;
• Total assets: CNY143,842 million (USD22,739 million), +11.3% when compared to period commencing 01-Jan-2012;
• Total liabilities: CY104,418 million (USD16,507 million), +14.0% when compared to period commencing 01-Jan-2012. [more - original PR - English] [more - original PR - Chinese]

*Based on the average conversion rate at USD1 = CNY6.3257 for the period