1-Apr-2020 12:54 AM
China Southern Airlines operating profit up 23% in 2019
China Southern Airlines Company 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: CNY154,322 million, +7.4%;
- Passengers: CNY138,502 million, +8.2%;
- Cargo and mail: CNY9615 million, -4.1%;
- Total operating costs: CNY148,608 million, +6.0%;
- Fuel: CNY42,814 million, -0.3%;
- Labour: CNY27,647 million, +10.5%;
- Operating profit: CNY10,838 million, +22.9%;
- Net profit: CNY3084 million, -8.3%;
- Total assets: CNY306,928 million;
- Cash and cash equivalents: CNY1849 million;
- Total liabilities: CNY229,599 million. [more - original PR]
*Based on the average conversion rate at CNY1 = USD0.144832