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Article: BUSINESS IN ASIA TODAY - APRIL 25, 2008.
- Article from:
- AsiaPulse News
- Article date:
- April 25, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business in Asia on April 25, 2008. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
AIR CHINA Q1 PROFIT UP 147% ON STRONGER YUAN, TRAVEL BOOM
BEIJING - Air China Ltd. (SEHK:0753, SSX:601111, LSE:AIRC) has seen first-quarter profits soar 147 per cent, helped by the stronger yuan and booming travel demand. Net income rose to 1.04 billion yuan (US$149 million),or 0.09 yuan per share, in the first three months ended on March 31, the carrier said in a statement to the Shanghai Stock Exchange on Friday. China's economy, which slowed but still grew ...