China Southern Airlines profit jumps 17 percent to record high on travel boom, yuan [Reuters]
China Southern Airlines Company Limited (ZNH)
US:NYSE Investor Relations:
csair.com/en/about/investor
Company Research
Source: Reuters
China Southern Airlines profit jumps 17 percent to record high on travel boom, yuan | Reuters Reuters Staff 2 Min Read SHANGHAI (Reuters) - China Southern Airlines Co Ltd ( 600029.SS ) ( 1055.HK ) set a record with a 17 percent rise in annual profit on Monday, following a year of robust travel demand and strengthening yuan. China’s largest carrier by passenger numbers said net profit attributable to shareholders in 2017 reached 5.91 billion yuan ($941.92 million). The result fell slightly short of the 6.6 billion yuan average of 17 analyst estimates in a Thomson Reuters poll. Previously, China Southern Airlines best-ever net income result was 5.8 billion yuan in 2010. The airline said revenue rose 11 percent to 127.5 billion yuan. It also booked 1.79 billion yuan in foreign exchange gains as the yuan CNY=CFXS has appreciated about 10 percent against the U.S. dollar since the start of 2017. The weakened dollar has helped slash the financing expenses of China Southern as well as riv
Show less
Read more
Impact Snapshot
Event Time:
ZNH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ZNH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ZNH alerts
High impacting China Southern Airlines Company Limited news events
Weekly update
A roundup of the hottest topics