Hainan Airlines H1 profit falls 55%
Hainan Airlines Group posted an operating profit of CNY683m ($100m) for H1 2018, a 55% year-on-year decline from the same period last year. Revenue for the six months to 30 June rose 16% to CNY32.9b. Attributable net profit fell by 52.2% to CNY548 million, down from the CNY1.15b figure recorded last year. During the January-June period, Hainan Airlines group carriers transported 39.3m passengers, a 14.8% annualised increase. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-08-31/unaligned/hainan-airlines-h1-profit-falls-55
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Hainan Airlines H1 profit falls 55%
Hainan Airlines Group posted an operating profit of CNY683m ($100m) for H1 2018, a 55% year-on-year decline from the same period last year. Revenue for the six months to 30 June rose 16% to CNY32.9b. Attributable net profit fell by 52.2% to CNY548 million, down from the CNY1.15b figure recorded last year. During the January-June period, Hainan Airlines group carriers transported 39.3m passengers, a 14.8% annualised increase. <br/>
