Loading
28-Oct-2011 11:31 AM

China Southern reports mixed profit results in 3Q2011

China Southern Airlines revenue up 18% – financial highlights for three months ended 30-Sep-2011 (according to Chinese Accounting Standards):

  • Total operating revenue: USD4293 million, +17.8% year-on-year;
  • Total operating costs: USD3243 million, +24.3%;
  • Operating profit: USD647.3 million, -4.2%;
  • Net profit: USD492.9 million, +3.0%;
  • Total assets: USD19,813 million, +13.2% when compared to period ended 31-Dec-2010;
  • Total liabilities: USD13,778 million, +8.1% when compared to period ended 31-Dec-2010.

*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