China Eastern Airlines Swings to Profit in First Quarter of 2026
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China Eastern Airlines Corporation Limited reported a profit of RMB 1.77 billion for Q1 2026, a significant turnaround from losses a year prior. Revenue increased by 10.94% to RMB 37.06 billion, with operating cash flow rising 44.64% to RMB 3.46 billion. Basic earnings per share improved to RMB 0.07, and return on net assets reached 10.9%. The airline's stock is currently rated as a Sell with a price target of HK$2.90. The company operates in both domestic and international markets and is listed in Hong Kong and Shanghai.
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