Juneyao reports ninefold surge in full-year profit
Shanghai Hongqiao-based Juneyao Airlines reported net income of CNY108 million ($15.8 million) in 2009, a more-than-ninefold improvement from the CNY11.5 million profit posted in 2008. The result also was significantly higher than the CNY70 million it said it expected last fall ( ATWOnline, Nov. 4...
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