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Air China net profits to gain max 100pct o-y in Q1-Q3

BEIJING
2015-10-15 21:13

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Air China (601111.SH) predicted that its net profits would rise about 92-100 percent year on year to 6.1-6.3 billion yuan in the first three quarters of 2015, according to the company's filing to the stock exchange on late Thursday. The Shanghai-listed company explained that it had made a full advantage of the booming transportation demands during the Spring Festival holidays and summer holidays to realize a steady increase of operating revenues and in the meantime optimized business procedures to reduce costs.

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