BOC Aviation Posts Strong 2024 Profit; Shares Up 5%

MT Newswires Live
14 Mar

BOC Aviation (HKG:2588) reported a profit for the year attributable to owners of $923.6 million for 2024, compared with $763.9 million in the previous year, according to a Thursday filing with the Hong Kong bourse.

Earnings per share rose to $1.33 from $1.10 a year ago.

Revenue for the year grew to $2.14 billion from $2.07 billion in the prior year.

The company declared a final dividend of $0.267 per share, which will be paid on June 20 to shareholders on record as of June 6.

BOC Aviation shares gained over 5% in Friday's morning trade.

Price (HKD): $64.50, Change: $+2.7, Percent Change: +4.28%

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