Is Juneyao Airlines Co., Ltd's (SHSE:603885) 12% ROE Worse Than Average?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. To keep the

Simply Wall StJul 17 18:37 ET

Juneyao Airlines (603885.SH): In June, the passenger transportation capacity increased by 8.24% compared to the same period last year.

Juneyao Airlines (603885.SH) announced its major operating data in June 2024. In June 2024, the company's passenger transport capacity (measured by available seat kilometers) increased by 8.24% year-on-year. The changes in domestic, international and regional routes were -4.24%, 127.10% and -2.42% respectively. The passenger traffic (measured by revenue passenger kilometers) increased by 10.15% year-on-year. Domestic, international and regional route passenger traffic changed by -1.84%, 142.43% and -4.85% respectively. Passenger load factor.

Gelonghui FinanceJul 15 04:35 ET

Express News | Juneyao Airlines Says June Passenger Carried up 4.7% Y/Y, Mail and CARGO Carried up 14.6% Y/Y

ReutersJul 15 04:35 ET

Juneyao Airlines, Shanghai aviation/airlines industry announced a performance forecast for the first half of 2024.

Sensex a shareJul 9 12:00 ET · Announcements

Juneyao Airlines (603885.SH) announces a forecasted net income of 0.45 billion yuan to 0.55 billion yuan for the first half of this year.

Juneyao Airlines (603885.SH) announced its performance forecast for the first half of 2024. The company expects to achieve net income attributable to the owners of the parent company of 0.45 billion yuan to 0.55 billion yuan, an increase of 387.5861 million yuan to 487.5861 million yuan compared to the same period last year (disclosed data), a year-on-year increase of 620.99% to 781.21%. The company also expects to achieve net income excluding non-recurring gains and losses attributable to the owners of the parent company of 0.42 billion yuan to 0.52 billion yuan for the first half of 2024, compared with the same period last year (disclosed data).

Zhitong FinanceJul 9 07:20 ET

Express News | Juneyao Airlines Says It Sees H1 Net Profit up 621.0-781.2% Y/Y

ReutersJul 9 05:07 ET