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Air China (00753.HK): Achieved revenue of 141.1 billion yuan in 2023, a year-on-year increase of 166.74%
Gelonghui March 28 | Air China (00753.HK) announced its 2023 annual results. During the reporting period, the Group achieved operating revenue of RMB 141,100 billion, an increase of RMB 88.203 billion over the previous year, or 166.74%. Among them, air transport revenue was RMB 134.681 billion, an increase of RMB 86.300 billion, or 178.38%; other operating revenue was RMB 6.419 billion, an increase of RMB 1,902 billion, or 42.11%. Net loss attributable to the company's shareholders was RMB 1,038 million. Gazeta
Air China (00753): Xiao Feng appointed as Secretary of the Board
According to Zhitong Finance App, Air China (00753) issued an announcement that Huang Bin resigned as (i) Assistant to the President; (ii) Secretary of the Board of Directors; (iii) Joint Company Secretary; and (iv) Authorized Representative as stipulated in section 3.05 of the Hong Kong Stock Exchange Limited Securities Listing Rules with effect from March 28, 2024. Since March 28, 2024, Xiao Feng has been appointed as the company's board secretary, joint company secretary and authorized representative to replace Mr. Huang's vacancy.
AIR CHINA: 2023 ANNUAL RESULTS
Changes in Hong Kong stocks | Air China (00753) fell by more than 4%, leading the decline. The three major airlines in aviation stocks will show results at the end of the month, and the civil aviation market will rapidly decline after the Spring Festival
The Zhitong Finance App learned that aviation stocks fell collectively. As of press release, Air China (00753) fell 3.96% to HK$3.88; China Southern Airlines (01055) fell 3.03% to HK$2.88; Capital Airport (00694) fell 2.81% to HK$2.42; and Eastern Airlines (00670) fell 1.95% to HK$2.01. According to news, Air China, China Southern Airlines, and China Eastern Airlines will all release their annual results on the 28th of this month. Earlier performance forecasts showed that the losses of the three major state-owned airlines have narrowed, but the recovery is not as fast as that of private airlines. As mentioned in the announcements of the three major airlines, international
Air China Logs 50% Rise in Passengers in February
Air China (HKG:0753, SHA:601111) carried 13.3 million passengers in February, up nearly 50% from the year-ago period, according to the company's disclosure on the Hong Kong Stock Exchange. Passenger t
Haitong Securities: The airline's profit center is expected to rise in 24, focus on investment opportunities in the aviation sector
Haitong Securities released a research report saying that the aviation industry's recovery trend has been established, and the cycle is gradually rising. The increase in domestic demand has established a solid foundation for the recovery of airline performance.
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