Eastern Airlines rose 2.5% oil cover to increase profits
Source: Internet
Author: User
KeywordsNet profit continue fuel passenger volume
Eastern Airlines, which continued to expand its passenger volume in June, continued to rise this morning after a surge of more than 10% per cent, with shares now up 2.48% to HK $2.07 and 5.5 million shares, or by a large oil hedge to be boosted by medium-term earnings. The company disclosed that, in view of the first half of this year's crude oil price compared to the end of last year has risen 56.7%, after the calculation of the oil hedging contract fair value changes deducted from the actual delivery, the company's interim report on the profit impact of the value of about 2.74 billion yuan. This year's Q1 and the middle of last year's net profit is only 40.1 million yuan and 41.62 million yuan. St East Airlines (600115-CN) today was suspended for 1 hours for publishing unusual fluctuations in stock trading.
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