China Southern 1Q net income up 4.1% on revenue gains

Credit: Rob Finlayson

China Southern Airlines reported a net profit increase of 4.1% to CNY2.65 billion ($393 million) for the first quarter of 2019, compared to CNY2.54 billion in the year-ago period. After deducting nonrecurring items, the carrier’s net profit was CNY2.46 billion, up 3.2% from CNY2.38 billion in 1Q...

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