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Transport & Logistics

China Eastern volume up, profits down

China Eastern Airlines posted a net profit of Yn86m for 2002, 84 per cent lower than in 2001. Turnover was Yn13.07bn, 7.6 per cent higher year on year. Operating expenses increased by almost Yn1bn to Yn12.24bn. Passenger volume grew by 14 per cent to 18.2bn revenue passenger kilometres and cargo volume rose by 7.6 per cent to 1.02bn revenue tonne kilometres.

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