Summary by Moomoo AI
Air China Limited (Air China) has issued a profit warning for the first half of 2024, expected to incur losses. According to preliminary estimates, the net loss attributable to shareholders of the listed company is expected to be about CNY 2.3 billion to CNY 3 billion, and the net loss after deducting non-recurring gains and losses is expected to be about CNY 2.8 billion to CNY 3.8 billion. Compared with the same period last year, the total loss has decreased. The total loss of the same period last year was CNY 4.365 billion, and the net loss attributable to shareholders of the listed company was CNY 3.451 billion. Air China stated that although the recovery of the Chinese economy has driven the overall improvement of the...Show More