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