Business Travel

China Southern expecting to double profit for 2015

January 29, 2016

BEIJING - China Southern Airlines Co Ltd has released a statement on Wednesday predicting that its net profit rose between 110% and 130% during 2015. If the estimates are accurate, it potentially means that Asia’s largest carrier by fleet number had a possible net profit of more than RMB3.72 billion (considering the company’s 2014 net profit of RMB1.773 billion, or USS269.49 million), according to a report in China Daily.

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