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1-Apr-2016 4:26 PM

Hainan Airlines Group operating profit up 22% in 2015

Hainan Airlines Group revenue up 2% - financial highlights for 12 months ended 31-Dec-2015:

  • Revenue: CNY35,225 million (USD5658 million), -2.3% year-on-year;
  • Total operating costs: CNY33,335 million (USD5354 million), -2.2%;
  • Operating profit: CNY3035 million (USD487.4 million), +21.5%;
  • Net profit: CNY3257 million (USD523.2 million), +23.3%;
  • Passenger numbers: 38.6 million, +8.4%;
  • Passenger load factor: 88.2%, +1.4 ppt;
  • Cargo volume: 384,700 tonnes, +6.7%;
  • Total assets: CNY125,381 million (USD20,138 million);
  • Monetary funds: CNY18,693 million (USD3002 million);
  • Total liabilities: CNY86,817 million (USD13,944 million). [more - original PR - Chinese]

*Based on the average conversion rate at CNY1 = USD0.160615

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