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Changes in Hong Kong stocks | BOC Aviation Leasing (02588) fell more than 5%, net profit after tax increased 4% year-on-year in the first half of the year and sold 8 of its own aircraft
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The Zhitong Finance App learned that BOC Aviation Leasing (02588) fell by more than 5%. As of press release, it was down 5.2% to HK$73.9, with a turnover of HK$181 million.

According to the news, BOC Aviation Leasing announced 2026 interim results, with total operating revenue and other revenue of US$1,297 million, up 4.4% year on year; net profit after tax of US$357 million, up 4% year on year; and declared an interim dividend of $0.1,799 per share. The company delivered a total of 24 aircraft in the first half of the year, and the company sold 8 of its own aircraft. There were 18 aircraft in the same period last year, but the profit margin on aircraft sales rose to 32%.

Huatai Securities believes that the company's overall operating conditions are steady, but due to the small number of aircraft sold, compounded by geographical uncertainty, the bank adjusted its net profit forecast for 26/27/28 to 7.8/8.5/930 million US dollars (margin: -5.1/-2.1/ -1.3%). The target price was also slightly lowered to HK$89.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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