China Eastern Air Reports Q1 Net Profit of 1.63 Billion Yuan, Reversing Year-Earlier Loss

Stock News
Apr 29

CHINA EAST AIR (00670) announced its financial results for the first quarter of 2026. The company reported revenue of approximately 37.06 billion yuan, representing a year-on-year increase of 10.94%. Net profit attributable to shareholders was 1.633 billion yuan, marking a turnaround from a loss in the same period last year. Basic earnings per share stood at 0.07 yuan. According to the announcement, the improved performance was primarily due to the company's efforts since the beginning of the year to focus on a strong start, seize opportunities, and enhance efficiency, in line with its annual work plan. The overall safety situation remained stable, and production and operations achieved positive results, demonstrating a favorable and upward development trend.

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