Spring Airlines reports positive profit growth in 3Q2018

31 October, 2018

Spring Airlines reported (31-Oct-2018) the following financial highlights for the three months ended 30-Sep-2018: 

  • Total operating revenue: CNY3847 million (USD565.3 million), +14.6% year-on-year;
  • Total operating costs: CNY3210 million (USD471.6 million), +17.3%;
  • Operating profit: CNY904.0 million (USD132.8 million), +12.0%;
  • Net profit: CNY685.5 million (USD100.7 million), +8.1%;
  • Total assets: CNY26,107 million (USD3836 million);
  • Cash at bank and on hand: CNY5207 million (USD765.1 million);
  • Total liabilities: CNY12,862 million (USD1890 million). [more - original PR - Chinese]

*Based on the average conversion rate at CNY1 = USD0.146937