Shandong Airlines operating profit up 36% in 3Q2016

Shandong Airlines revenue up 20% - financial highlights for three months ended 30-Sep-2016:

• Operating revenue: CNY4281 million (USD642.1 million), +19.8% year-on-year;
• Operating costs: CNY3250 million (USD487.5 million), +23.0%;
• Operating profit: CNY723.8 million (USD108.6 million), +36.3%;
• Net profit: CNY561.1 million (USD84.2 million), +32.5%;
• Total assets: CNY12,394 million (USD1859.0 million);
• Total liabilities: CNY9234 million (USD1385.0 million). [more - original PR]

*Based on the average conversion rate at USD1 = CNY6.66697