Hainan Airlines’ 1Q profit rises 4.7%

Credit: By Rob Finlayson
Hainan Airlines reported a first-quarter net profit of CNY183.84 million ($29.6 million), up 4.7% from CNY175.6 million in the year-ago quarter. Operating revenue grew 3.26% to CNY7.29 billion while operating expenses increased 4% to CNY5.73 billion. Industry analysts said the results were due to...

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