Hainan Airlines sees net profit up 20.24% to RMB670m in H1 of 2011
Hainan Airlines Co., Ltd. (shse:600221) raked in an operating profit of RMB 799 million in the first half of 2011, gaining by 62.9 percent year on year.
Its net profit attributable to shareholders rose by 20.24 percent year on year to RMB 670 million during this period. Income from passenger transport business amounted to RMB 9.98 billion and operating profit margin grew 4.28 percentage points to 20.73 percent. The company ascribed the rising turnover to increasing passenger transportation.
Its net profit attributable to shareholders rose by 20.24 percent year on year to RMB 670 million during this period. Income from passenger transport business amounted to RMB 9.98 billion and operating profit margin grew 4.28 percentage points to 20.73 percent. The company ascribed the rising turnover to increasing passenger transportation.
SOURCE: www.menafn.com
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