Air China Expects H1 Loss to Narrow; Shares Fall 1%

MT Newswires Live
Jul 15

Air China (HKG:0753) said it expects its H1 loss to narrow year over year, according to a Hong Kong bourse filing Monday.

Shares of the airline company fell over 1% in morning trade Tuesday.

The company expects an attributable loss of 1.7 billion yuan to 2.2 billion yuan for the six months ended June 30, narrowing from 2.78 billion yuan in the same period last year.

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