Chinese carriers report 5% net loss in December
Chinese carriers reported a net loss of CNY2.1 billion ($3.45 million) in December, down 5% over a net loss of CNY2.21 billion in the year-ago period. Operating revenue rose 8% to CNY3.14 billion against a 7% increase in operating expenses to CNY31.4 billion. Industry analysts attributed the loss to...
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