Hainan Airlines sees revenue up 28% in Q3 of 2011
Hainan Airlines revenue up 28% – financial highlights for three months ended 30-Sep-2011 (according to Chinese Accounting Standards):
Operating revenue: USD1228 million, +28.3% year-on-year;
Operating costs: USD771.8 million, +27.1%;
Operating profit: USD292.4 million, +30.5%;
Net profit: USD253.1 million, +31.3%;
Total assets: USD12,103 million, +7.5% when compared to period ended 31-Dec-2010;
Total liabilities: USD9840 million, +7.6% when compared to period ended 31-Dec-2010.
*Based on the conversion rate at USD1 = CNY6.3544
SOURCE: www.centreforaviation.com
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