China Southern Q1 profit up 1.8%
China Southern Airlines recorded a modest 1.8% rise in its Q1 operating profit of CNY3.55b (US$378m). Revenue for the three months to the end of March climbed 10.4% to CNY37.6b, while operating costs rose 11.8% to CNY34.7b. The Guangzhou-based carrier’s attributable net profit increased 4.1% to CNY2.65b. Its cash and cash equivalents at 31 March was CNY5.54b, down from the CNY6.19bi posted at the same time last year. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-04-30/unaligned/china-southern-q1-profit-up-1-8
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China Southern Q1 profit up 1.8%
China Southern Airlines recorded a modest 1.8% rise in its Q1 operating profit of CNY3.55b (US$378m). Revenue for the three months to the end of March climbed 10.4% to CNY37.6b, while operating costs rose 11.8% to CNY34.7b. The Guangzhou-based carrier’s attributable net profit increased 4.1% to CNY2.65b. Its cash and cash equivalents at 31 March was CNY5.54b, down from the CNY6.19bi posted at the same time last year. <br/>
