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Hainan Airlines revenue up 18%, Spring Airlines up 10%

11/01/2016| 11:36:23 AM|

Hainan Airlines' Q3 2016 net profit rose 85.8% to RMB 1,835 million while Spring Airlines' net profit went down 26.3% to RMB 429.5 million in the same quarter.

Hainan Airlines' Q3 2016 financial highlights:

Operating revenue: RMB 11,816 million (USD 1,772 million), +18.1% YoY;
Operating costs: RMB 9,897 million (USD 484 million), +5.2%;
Operating profit: RMB 2,266 million (USD 339.9 million), +138.7%;
Net profit: RMB 1,835 million (USD 275.2 million), +85.8%;

Spring Airlines' Q3 2016 financial highlights:

Operating revenue: RMB 2605 million (USD 390.7 million), +9.8% YoY;
Operating costs: RMB 2169 million (USD 325.3 million), +20.5%;
Operating profit: RMB 413.0 million (USD 61.9 million), -23.6%;
Net profit: RMB 429.5 million (USD 64.4 million), -26.3%;

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TAGS: Hainan Airlines | Spring Airlines | financial statements
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