China Southern’s 1Q profit plummets 82%
Credit: Courtesy, Airbus
China Southern Airlines reported a net profit of CNY57 million ($9.16 million) in the first quarter, down 82% compared to net income of CNY319 million in the year-ago quarter. Operating revenue dropped 0.04% to CNY23.586 billion against a 1.05% increase in operating expenses to CNY23.68 billion...
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