Houston Community News >>
3/24/2010
China
Airlines Ltd (CAL, 中華航空),
Taiwan’s
largest carrier, made its biggest quarterly profit in five years because
of an economic rebound and the addition of more flights to
China.
The carrier had a net income of NT$1.18 billion (US$37 million) in the three months ended December, compared with a loss of NT$19.9 billion a year earlier.
The fourth-quarter profit, derived from full-year results announced yesterday, was less than the NT$1.27 billion median of five analyst estimates compiled by Bloomberg. However, the quarterly figure was the highest since the third quarter of 2004.
Read More
The carrier had a net income of NT$1.18 billion (US$37 million) in the three months ended December, compared with a loss of NT$19.9 billion a year earlier.
The fourth-quarter profit, derived from full-year results announced yesterday, was less than the NT$1.27 billion median of five analyst estimates compiled by Bloomberg. However, the quarterly figure was the highest since the third quarter of 2004.
Read More
Advertisement