23-Apr-2010 10:32 AM

Shandong Airlines revenue up 29.8%, profit also soars in 1Q2010

Shandong Airlines revenue up 29.8% - financial highlights for the three months ended 31-Mar-2010 (according to China Accounting Standards):

  • Total operating revenue*: USD219.4 million, +29.8% year-on-year;
  • Total operating costs: USD202.8 million, +22.8%;
  • Operating profit: USD18.0 million, +396.1%;
  • Net profit: USD13.8 million, +59.4%.

* Based on the conversion rate at USD1 = CNY6.83