Previous close | 1.970 |
Open | 1.970 |
Bid | 1.960 x 0 |
Ask | 1.970 x 0 |
Day's range | 1.950 - 1.980 |
52-week range | 1.820 - 3.050 |
Volume | |
Avg. volume | 5,518,951 |
Market cap | 82.984B |
Beta (5Y monthly) | 0.51 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.260 |
Earnings date | 28 Aug 2024 - 02 Sept 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 08 Jul 2020 |
1y target est | 2.60 |
BEIJING (Reuters) -China Southern Airlines and China Eastern Airlines each reported first quarterly profits in more than three years on Friday, as a pickup in international flights complemented a recovery in the domestic market. The results, coupled with similarly encouraging figures from Air China, are helping to fan industry hopes for China's big three state carriers to finally step out of the difficulties brought by the COVID-19 pandemic. China Southern, based in the southern city of Guangzhou, reported third-quarter profit of 4.2 billion yuan ($573.89 million), compared with a loss of 1.0 billion yuan in the prior quarter, and a loss of 6.1 billion in the year-earlier quarter.
(Reuters) -Qantas Airways said on Tuesday the company and China Eastern Airlines have withdrawn their application to the Australian competition regulator that sought to extend their joint business. The announcement comes a month after the Australian Competition and Consumer Commission (ACCC) said it planned to end a long-surviving partnership between the two airlines over claims it would lessen competition and provide the airlines a chance to hike airfare. The partnership allowed Qantas and China Eastern to coordinate passenger and cargo movement between Australia and China.