Brief: China Aircraft Leasing Group Sees FY Consol Profit Attributable Between 60% & 65% Lower

China Aircraft Leasing group

01/03/2021 09:42

March 1 (Reuters) - China Aircraft Leasing Group Holdings
Ltd  1848.HK :
    * LOOKING AHEAD, GROUP WILL CHANNEL MORE RESOURCES INTO
CHINA
MARKET
    * SEES A CONSOLIDATED PROFIT ATTRIBUTABLE FOR YEAR THAT IS
BETWEEN
60% AND 65% LOWER
    * TOTAL REVENUE OF GROUP FOR YEAR ENDED 31 DEC 2020
MAINTAINED AT
SIMILAR LEVEL TO THAT OF 2019
    * CASH BALANCE FOR YEAR HAS ALSO SLIGHTLY INCREASED AS
COMPARED TO
THAT OF END OF 2019
    * DURING YEAR, CIVIL AVIATION MARKET WAS SEVERELY IMPACTED;
MADE A
HK$200 MILLION PROVISION ON INVESTMENT IN AVIATION SYNERGY

Source text for Eikon:  ID:nHKS7wLKkb 
Further company coverage:  1848.HK 

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