Juneyao Airlines’ 1H net profit down 12% on higher fuel prices

Credit: Boeing
Juneyao Airlines reported a 2017 first-half net profit of CNY624.9 million ($92.1 million), down 12% over net income of CNY710.2 million in the year-ago period because of higher fuel prices. First-half operating revenue jumped 23.4% year-over-year (YOY) to CNY5.9 billion while operating expenses...

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