Previous close | 0.2580 |
Open | 0.2540 |
Bid | 0.2600 x 3000000 |
Ask | 0.2880 x 2000000 |
Day's range | 0.2540 - 0.2540 |
52-week range | 0.1850 - 0.3440 |
Volume | |
Avg. volume | 198 |
Market cap | 10.525B |
Beta (5Y monthly) | 0.48 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 08 Jul 2020 |
1y target est | N/A |
BEIJING (Reuters) -China's leading state-owned airlines posted losses in the first half of the year, weighed down by a slower-than-expected rebound in international travel, domestic oversupply, and more intense competition as aviation capacity returns globally. China's top three airlines - Air China, China Southern Airlines and China Eastern Airlines - last reported annual net profits in 2019 before the COVID-19 pandemic took hold. China Eastern, headquartered in Shanghai, reported a first-half loss of 2.8 billion yuan ($395 million) on Friday, compared with a loss of 6.2 billion in the same six months of last year.
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(Reuters) -Qantas Airways said on Tuesday the company and China Eastern Airlines have withdrawn their application to the Australian competition regulator that sought to extend their joint business.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.