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Beijing Capital International Airport Co ( (HK:0694) ) just unveiled an update.
Beijing Capital International Airport Company Limited has announced a proposed loss compensation plan to address its accumulated financial losses, which amounted to approximately RMB2.99 billion as of the end of 2023. The plan involves using the company’s discretionary surplus reserves to offset these losses, subject to shareholder approval. This strategic financial move aims to enhance the company’s future profit distribution potential and is part of its broader financial management strategy.
More about Beijing Capital International Airport Co
Beijing Capital International Airport Company Limited operates in the aviation industry, focusing primarily on managing and operating one of the largest airports in China. The company provides a range of airport-related services, including passenger transport, cargo handling, and logistics, with a significant emphasis on catering to both domestic and international markets.
YTD Price Performance: -1.11%
Average Trading Volume: 3,995
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.63B
For detailed information about 0694 stock, go to TipRanks’ Stock Analysis page.
