TC

24/03/2017 12:16

CALC (01848) year net up 67.9% to HK$638m; div HK39 cts

    China Aircraft Leasing Group (CALC) (01848) said its profit attributable to owners for the year ended 31 December 2016 rose 67.9% year-on-year to HK$638 million.
  Basic and diluted earnings per share were HK$1.009 and HK98.4 cents.
  The revenue and other income amounted to HK$2,448 million, an increase of 58% from a year earlier, mainly due to an increase in lease income and the gain from disposal of finance lease receivables.
  The main reasons for the increase in revenue and net profit were an increase in lease income, which resulted from continued expansion of the scale of the aircraft leasing business and gain from disposal of finance lease receivables.
  The proposed final dividend is HK39 cents (2015: HK18 cents) per share, payable on or about 19 June 2017.

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