Hainan Airlines posts sevenfold first-quarter profit increase
Hainan Airlines posted first-quarter net income of CNY 252.5 million ($37 million), a more-than-sevenfold increase over a CNY 31.8 million profit in the year-ago period. Operating revenue rose 36.4% to CNY 4.7 billion against a 30.9% lift in expenses to CNY 3.5 billion. The Haikou-based carrier...
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