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China Eastern Airlines' profit down 20.4% in Q3

Nov. 1, 2012 (China Knowledge) - China Eastern Airlines Co Ltd<600115><0670>, the country's third-largest carrier, has announced its net profit for the third quarter of this year decrease 20.36% YoY to RMB 2.64 billion.

According to a statement filed with Shanghai Stock Exchange, basic earnings per share for the period were RMB 0.23.

From July to September 2012, the Shanghai and Hong Kong listed air carrier's operation revenue hit RMB 25.13 billion, more than RMB 24.45 billion it realized in the same period of last year.

In the first nine months of this year, China Eastern Airlines saw its operation revenue amount to RMB 65.53 billion, up 3.63% YoY, while its net profit for the period plunged 36.98% YoY to RMB 3.63 billion.

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