Companies

China Southern Airlines sees sharp jump in 2010 profit

(Agencies)
Updated: 2011-01-12 10:30
Large Medium Small

China Southern Airlines Co Ltd estimated 2010 profit would be about 15 times that of 2009 as demand for passenger and cargo transportation services soared.

Related readings:
China Southern Airlines sees sharp jump in 2010 profit China Southern to be 1st Chinese airline to fly Boeing's 787 Dreamliner
China Southern Airlines sees sharp jump in 2010 profit China Southern Airlines officially joins SkyTeam Cargo
China Southern Airlines sees sharp jump in 2010 profit China Southern Airlines reports 9-fold profit growth in Q3
China Southern Airlines sees sharp jump in 2010 profit Chinese airlines to raise fuel surcharges

In a filing with the Hong Kong bourse late on Tuesday, the Chinese airline said net profit attributable to equity holders amounted to 358 million yuan ($54 million) in 2009 in accordance with Chinese accounting standards.

China Southern Airlines said it also would report currency gains reflecting the appreciation of the yuan against the US dollar.