Hainan Airlines sees 1H profit drop on poor subsidiary performance
Credit: Boeing
Hainan Airlines reported a net profit of CNY1.2 billion ($17 million) for the 2017 first half, down 31% over net income of CNY1.7 billion for the same period last year. According to a filing by the Shanghai Stock Exchange, Hainan’s subsidiary Tianjin Airlines saw a 42% profit decline to CNY84...
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