China Eastern reports net profit dip in 2016
Credit: Rob Finlayson
China Eastern Airlines reported a 2016 net profit of CNY4.5 billion ($635 million) in 2016, down a slight 0.73% over a net income of CNY4.54 billion in 2015. Operating revenue for the year was up 5% to CNY98.6 billion, while operating expenses grew 7.1% to CNY82.6 billion. The Shanghai-based carrier...
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