Related News
China Southern Airlines reports huge net profit growth for 2010
Source: Xinhua |
March 29, 2011, Tuesday
|
Online Edition
Online Edition
CHINA Southern Airlines Company Limited (China Southern) posted an upsurge in profits in 2010 from the low base in the previous year due to rebounding demand.
In its annual business report filed with the Shanghai Stock Exchange today, China Southern said its net profit increased 1,423.62 percent to 5.8 billion yuan (US$885 million) last year compared with 381 million yuan in 2009.
China Southern, the nation's largest carrier by passenger transport capacity, said its earnings per share jumped to 0.70 yuan last year, compared with 0.05 yuan for 2009. The company reported a loss of 0.74 yuan per share in 2008.
The Guangzhou-based company attributed its profit upsurge in 2010 to rapid domestic economy expansion, consumption upgrade and China's successful hosting of Shanghai Expo and the Asian Games.
In its annual business report filed with the Shanghai Stock Exchange today, China Southern said its net profit increased 1,423.62 percent to 5.8 billion yuan (US$885 million) last year compared with 381 million yuan in 2009.
China Southern, the nation's largest carrier by passenger transport capacity, said its earnings per share jumped to 0.70 yuan last year, compared with 0.05 yuan for 2009. The company reported a loss of 0.74 yuan per share in 2008.
The Guangzhou-based company attributed its profit upsurge in 2010 to rapid domestic economy expansion, consumption upgrade and China's successful hosting of Shanghai Expo and the Asian Games.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
