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Air China (OTCMKTS:AIRYY) Releases Quarterly Earnings Results

Air China logo with Transportation background

Key Points

  • Air China reported earnings of $0.03 EPS for the quarter, along with a negative net margin of 0.33% and a negative return on equity of 1.41%.
  • The stock is currently priced at $12.55, with a market capitalization of $10.41 billion and a PE ratio of -179.29.
  • Air China has a debt-to-equity ratio of 3.91, which indicates significant leverage compared to its equity base.
  • MarketBeat previews the top five stocks to own by October 1st.

Air China (OTCMKTS:AIRYY - Get Free Report) released its quarterly earnings data on Friday. The transportation company reported $0.03 EPS for the quarter, Zacks reports. The business had revenue of $5.63 billion for the quarter. Air China had a negative net margin of 0.33% and a negative return on equity of 1.41%.

Air China Price Performance

OTCMKTS:AIRYY remained flat at $12.55 on Friday. The firm has a market cap of $10.41 billion, a price-to-earnings ratio of 89.65 and a beta of 0.14. The company has a debt-to-equity ratio of 3.91, a current ratio of 0.32 and a quick ratio of 0.29. The stock's fifty day moving average price is $13.63 and its 200-day moving average price is $13.19. Air China has a 1 year low of $7.51 and a 1 year high of $15.12.

Air China Company Profile

(Get Free Report)

Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, China, and internationally. The company operates in Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services.

Further Reading

Earnings History for Air China (OTCMKTS:AIRYY)

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