Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
China Eastern Airlines Corporation Limited Class H ( (HK:0670) ) has issued an announcement.
China Eastern Airlines reported its interim financial results for the first half of 2025, showing a slight increase in revenue to RMB 66,822 million compared to the same period in 2024. Despite this revenue growth, the company faced a net loss of RMB 1,592 million, although this was an improvement from the RMB 3,099 million loss in the previous year. The results highlight ongoing challenges in managing operating expenses, particularly in areas such as wages, fuel costs, and landing charges, which continue to impact profitability. The financial performance indicates a gradual recovery trajectory but underscores the need for strategic adjustments to enhance operational efficiency and financial stability.
The most recent analyst rating on (HK:0670) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on China Eastern Airlines Corporation Limited Class H stock, see the HK:0670 Stock Forecast page.
More about China Eastern Airlines Corporation Limited Class H
China Eastern Airlines Corporation Limited is a major airline company based in the People’s Republic of China. It operates in the aviation industry, providing passenger and cargo air transportation services. The company focuses on both domestic and international markets, leveraging its extensive fleet and strategic partnerships to maintain its competitive position in the industry.
Average Trading Volume: 12,483,449
Technical Sentiment Signal: Buy
Current Market Cap: HK$93.27B
For an in-depth examination of 0670 stock, go to TipRanks’ Overview page.