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 Aug 18 (Reuters) - 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;))