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1848 — China Aircraft Leasing group News Story

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Brief: China Aircraft Leasing Group Approves Change In Estimated Residual Values Of Aircraft, Engines

BRIEF-China Aircraft Leasing Group Approves Change In Estimated Residual Values Of Aircraft, Engines 

- China Aircraft Leasing Group Holdings Ltd 1848.HK:

  • ACCOUNTING ESTIMATES TO IMPACT PROFIT ATTRIBUTABLE TO SHAREHOLDERS OF COMPANY FOR 2026 BY HK$292.4 MILLION

  • CHANGE EXPECTED TO DECREASE DEPRECIATION EXPENSES OF FIXED ASSETS BY HK$409.6 MILLION FOR FY 2026

  • APPROVED CHANGE IN ESTIMATED RESIDUAL VALUES OF AIRCRAFT, ENGINES TO 5% TO 40% OF ORIGINAL COST AT END OF USEFUL LIFE

Further company coverage: 1848.HK


((Reuters.Briefs@thomsonreuters.com;))

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