China Southern profit falls 20%

Dino D'Amore
By Dino D'Amore March 31, 2014 20:38

China Southern profit falls 20%

China Southern Airlines has posted a net profit of 1.99 billion yuan ($A346.41 million), a 24.2% decline on the 2.62 billion yuan reported for 2012. Revenue also fell by 1% to 98.55 billion yuan.

“In 2013, the overall global economy was still on the basic trend of slow recovery, the risk of a deterioration of the economy was not completely removed,” China Southern said in a statement.

Dino D'Amore
By Dino D'Amore March 31, 2014 20:38
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Fairline%2Fchina-southern-profit-falls-20%2F"> registered </a> users can comment.