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An announcement from Air China ( (HK:0753) ) is now available.
Air China Limited has issued a profit warning for the first half of 2025, projecting a net loss between RMB1.7 billion and RMB2.2 billion, despite efforts to improve operational performance and reduce losses year-on-year. The company attributes the continued losses to challenges such as imbalanced market supply, competition from high-speed rail, and global economic uncertainties, which have impacted its ability to return to profitability.
The most recent analyst rating on (HK:0753) stock is a Buy with a HK$5.90 price target. To see the full list of analyst forecasts on Air China stock, see the HK:0753 Stock Forecast page.
More about Air China
Air China Limited is a major airline company based in the People’s Republic of China, primarily engaged in providing passenger and cargo air transportation services. The company operates in the aviation industry and focuses on enhancing aircraft utilization and marketing strategies to improve operational efficiency.
YTD Price Performance: 6.41%
Average Trading Volume: 18,193,345
Technical Sentiment Signal: Buy
Current Market Cap: HK$130.7B
For detailed information about 0753 stock, go to TipRanks’ Stock Analysis page.