4-May-2016 10:55 AM

Hainan Airlines Group operating profit up 55% in 1Q2016

Hainan Airlines Group revenue up 11% - financial highlights for three months ended 31-Mar-2016:

  • Total operating revenue: CNY10,083 million (USD1542 million), +10.5% year-on-year;
  • Total operating costs: CNY8337 million (USD1275 million), +4.0%;
  • Operating profit: CNY1936 million (USD296.0 million), +54.7%;
  • Net profit: CNY1565 million (USD239.3 million), +53.7%;
  • Total assets: CNY130,318 million (USD19,926 million);
  • Monetary: CNY22,664 million (USD3465 million);
  • Total liabilities: CNY87,800 million (USD13,425 million). [more - original PR - Chinese]

*Based on the average conversion rate at CNY1 = USD0.1529

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