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China Aircraft Leasing’s Subsidiary Reports 2024 Financial Results

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The latest update is out from China Aircraft Leasing Group Holdings ( (HK:1848) ).

China Aircraft Leasing Group Holdings Limited announced the audited financial results for its subsidiary, China Asset Leasing Company Limited, for the year ending December 31, 2024. The subsidiary reported total assets of approximately RMB42,120.15 million, total revenue of RMB3,844.68 million, and a net profit of RMB546.53 million. These results, prepared according to PRC accounting standards, highlight the subsidiary’s financial performance but do not provide a comprehensive view of the entire group’s operations.

More about China Aircraft Leasing Group Holdings

China Aircraft Leasing Group Holdings Limited operates in the aircraft leasing industry, primarily focusing on leasing aircraft to airlines and other aviation entities. The company is involved in issuing medium-term notes and corporate bonds through its wholly-owned subsidiary, China Asset Leasing Company Limited, in the People’s Republic of China.

YTD Price Performance: 7.24%

Average Trading Volume: 485,100

Technical Sentiment Signal: Sell

Current Market Cap: HK$2.87B

See more data about 1848 stock on TipRanks’ Stock Analysis page.

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