China Aircraft Leasing Group Reports Robust 2024 Financial Growth Amid Aviation Recovery

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China Aircraft Leasing Group Reports Robust 2024 Financial Growth Amid Aviation Recovery

China Aircraft Leasing Group Holdings ( (HK:1848) ) just unveiled an announcement.

China Aircraft Leasing Group Holdings Limited reported a significant increase in its financial performance for the year ended December 31, 2024, with total revenue rising by 9.2% to HK$5,203.8 million and profit attributable to shareholders surging by 809.9% to HK$257.5 million. The company benefited from the global aviation industry’s full recovery, achieving substantial progress across its business units and maintaining its profitability streak for eighteen consecutive years. The announcement also highlighted the company’s 10th anniversary of listing on the Hong Kong Stock Exchange, reflecting its strong market position and continued industry trust.

More about China Aircraft Leasing Group Holdings

China Aircraft Leasing Group Holdings Limited is a company incorporated under the laws of the Cayman Islands, specializing in aircraft leasing. It operates within the global aviation industry, providing leasing solutions to airlines and other stakeholders, with a focus on capitalizing on market opportunities and maintaining profitability.

YTD Price Performance: 4.18%

Average Trading Volume: 294,970

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$2.78B

For a thorough assessment of 1848 stock, go to TipRanks’ Stock Analysis page.

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