BOC Aviation ( (HK:2588) ) has issued an announcement.
BOC Aviation Limited reported a strong financial performance for the year ending December 31, 2024, with total revenues and other income rising by 4% to $2.6 billion and a record net profit after tax of $924 million, a 21% increase from the previous year. The company achieved a full recovery of the 2022 Russia-related write-downs and maintained robust liquidity with $6.5 billion in cash and credit facilities, while also raising $5.5 billion in new debt financing. The Board has recommended a final dividend of $0.2670 per share, contributing to a total dividend of $0.4658 per share for the year.
More about BOC Aviation
BOC Aviation Limited is a Singapore-incorporated company operating in the aircraft leasing industry. It specializes in providing leasing services for commercial aircraft, focusing on maintaining a strong portfolio and liquidity position.
YTD Price Performance: -0.87%
Average Trading Volume: 1,068
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.49B
See more insights into 2588 stock on TipRanks’ Stock Analysis page.