China Southern reports net profit more than doubled in 2015

Credit: Rob Finlayson
China Southern Airlines reported a net profit of CNY3.85 billion ($593 million) in 2015, more than doubled from a net income of CNY1.77 billion in 2014. Full-year operating revenue rose 3% to CNY 111.47 billion while operating expenses fell 3.7% to CNY91.38 billion. The Guangzhou-based carrier...

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