Profit doubles

2009-2-11  |     NEWSPAPER EDITION

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SHANDONG Airlines Co, an affiliate of Air China Ltd, almost doubled gross profit last year after cutting costs and boosting sales.

Gross profit rose to 111 million yuan (US$16 million), said a statement on the State-owned Assets Supervision and Administration Commission's Website yesterday. Sales jumped 9.1 percent to 4.9 billion yuan, the carrier said.

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