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Chinese carriers report net losses in March
April 17, 2014
Chinese carriers reported a collective net loss of CNY1.4 billion ($226 million) in March, reversed from a net profit of CNY107.69 million for the same period last year. Operating revenue dropped 1.4% to CNY31.3 billion while operating expenses rose 0.5% to CNY28.8 billion. Industry analysts said...
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