News
CALC reports 34.5% drop in interim profit
August 26th 2024
China Aircraft Leasing Group Holdings (CALC) booked a net profit of HK$131.7 million (US$17 million) for the six months to June 30, down from HK$201.2 million in the same months in 2023. Read More » Revenue rose 8.7%, to HK$2.5 billion, CALC said in a regulatory filing. “In the first half of 2024, CALC remained dedicated to its core business and secured stable performance,” CALC CEO, Mike Poon, said. “As we look forward to the second half, we are confident of maintaining high quality growth, expanding our global network and enhancing our service capabilities. We will actively improve our liquidity through portfolio trading and implement more flexible fleet and financing strategies, allowing CALC to capitalise on market opportunities and navigate the ever-evolving aviation landscape.”
