Core Viewpoint - China Aircraft Leasing Group (CALC) reported strong mid-year results for 2025, with significant growth in revenue and operating profit, reflecting effective fleet management and market opportunities in aircraft trading [1][2] Financial Performance - Total revenue for the first half of 2025 reached HKD 2.4052 billion, with operating profit at HKD 481 million, marking a year-on-year increase of 75.9% [1] - Shareholders' profit attributable to the company was HKD 140.5 million, up 6.7% year-on-year, with earnings per share at HKD 0.189 and an interim dividend proposed at HKD 0.12 per share [1] Fleet Management - As of June 30, 2025, the company operated a fleet of 181 aircraft, including 151 owned and 30 managed aircraft, with 89% of the owned fleet being narrow-body aircraft, which are highly liquid and in demand [2] - The average age of the owned fleet is 8.6 years, with an average remaining lease term of 5.7 years, and a 100% utilization rate for the owned fleet, excluding one aircraft related to a Russian airline [2] Aircraft Orders and Market Position - The company has a total of 114 aircraft on order, comprising 88 Airbus and 26 COMAC aircraft, which represents over 70% of the owned fleet size, supporting future growth [2] - CALC is one of the few leasing companies that can directly procure aircraft from original equipment manufacturers (OEMs), allowing it to invest in new generation energy-efficient models while also supporting the development of domestic aircraft [2]
中国飞机租赁(01848.HK)上半年营收超24亿港元 经营溢利同比大幅增长75.9%