Loading
30-Aug-2016 3:13 PM

Juneyao Airlines reports double-digit profit growth in 1H2016

Juneyao Airlines revenue up 24% – financial highlights for six months ended 30-Jun-2016:

  • Revenue: CNY4751 million (USD726.9 million), +23.7% year-on-year;
  • Costs: CNY4002 million (USD612.3 million), +24.9%;
  • Operating profit: CNY747.1 million (USD114.3 million), +16.9%;
  • Net profit: CNY705.9 million), +40.5%;
  • Passenger numbers: 6.3 million, +27.6%;
    • Domestic: 5.0 million, +28.4%;
    • International: 330,090, +8.7%;
    • Hong Kong, Macau and Taiwan: 71,050, -5.8%;
  • Passenger load factor: 86.1%, stable;
    • Domestic: 87.0%, -0.6 ppt;
    • International: 61.1%, +0.6 ppt;
    • Hong Kong, Macau and Taiwan: 77.9%, +5.3 ppts;
  • Total assets: CNY18,794 million (USD2875 million);
  • Cash and cash equivalents: CNY4022 million (USD615.3 million);
  • Total liabilities: CNY11,288 million (USD1727 million). [more - original PR - Chinese]

*Based on the average conversion rate at CNY1 = USD0.152997

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More