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1-Sep-2016 10:51 AM

Spring Airlines profit up 20% in 1H2016

Spring Airlines revenue stable – financial highlights for six months ended 30-Jun-2016:

  • Total operating revenue: CNY3953.4 million (USD591.9 million), stable year-on-year;
  • Total operating costs: CNY3531.4 million (USD528.7 million), +4.1%;
  • Operating profit: CNY371.7 million (USD55.6 million), -25.9%;
  • Net profit: CNY 740.1 million (USD110.8 million), +19.5%;
  • Passenger numbers: 6.6 million, +4.2%;
  • Passenger load factor: 93.0%, -0.8 ppt;
  • Total assets: CNY3620.8 million (USD542.1 million);
  • Monetary: CNY5093.4 million (USD762.5 million);
  • Total liabilities: CNY12,258.2 million (USD1835.1 million). [more - original PR - Chinese]

*Based on the average conversion rate at USD1 = CNY6.6797

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