China Aircraft Leasing's 2024 Profit Balloons 810%

MT Newswires Live
Yesterday

China Aircraft Leasing Group (HKG:1848) recorded an 810% rise in attributable profit for the year 2024 to HK$257.5 million from HK$28.3 million a year prior, a Tuesday filing with the Hong Kong bourse said.

Earnings per share rose to HK$0.346 in the year from HK$0.038 in 2023.

The aircraft leasing company's revenue for the year increased by 9.2% to HK$5.2 billion from HK$4.76 billion in the year-ago period.

The company has recommended a final dividend of HK$0.18 per ordinary share. The dividend will be payable in cash, with shareholders also being provided an option to receive the dividend in new shares in lieu of cash in whole or in part under a scrip dividend scheme.

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