Chinese carriers report net profit of CNY1.2 billion in February

Chinese carriers reported a net profit of CNY1.2 billion ($191 million) in February, more than quadrupled from a net profit of CNY296 million reported in the year-ago period. Operating revenue jumped 18.2% to CNY31.4 billion while operating expenses climbed 8.8% to CNY26.6 billion, due to rising...

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