Spring Airlines reports positive profit growth in 3Q2018

    Spring Airlines reported (31-Oct-2018) the following financial highlights for 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).