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An update from Beijing Capital International Airport Co ( (HK:0694) ) is now available.
Beijing Capital International Airport Company Limited anticipates a significant reduction in its loss before income tax for the year ending December 31, 2024, compared to the previous year, due to a recovery in aviation demand. However, despite the narrowed pre-tax loss, the reversal of deferred tax assets will lead to a higher overall loss due to increased income tax expenses, although this will not directly impact the company’s cash flow or daily operations.
More about Beijing Capital International Airport Co
Beijing Capital International Airport Company Limited operates within the aviation industry, primarily managing airport operations in Beijing, China. The company focuses on providing airport passenger and cargo services, positioning itself as a crucial hub in China’s aviation sector.
YTD Price Performance: -1.11%
Average Trading Volume: 3,995
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.63B
For a thorough assessment of 0694 stock, go to TipRanks’ Stock Analysis page.
