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29-Apr-2016 10:38 AM

China Eastern Airlines operating profit doubles in 1Q2016

China Eastern Airlines revenue up 5% - financial highlights for three months ended 31-Mar-2016:

  • Revenue: CNY23,534 million (USD3598 million), +5.1% year-on-year;
  • Costs: CNY18,528 million (USD2833 million), +0.7%;
  • Operating profit: CNY2461 million (USD376 million), +102%;
  • Net profit: CNY2831 million (USD433 million), +60.6%;
  • Total assets: CNY189,648 million (USD28,997 million);
  • Monetary capital: CNY1300 million (USD199 million);
  • Total liabilities: CNY149,348 million (USD22,835 million). [more - original PR - English/Chinese]

*Based on the average conversion rate at CNY1 = USD0.1529

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