Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAir China Regulatory News (AIRC)

Share Price Information for Air China (AIRC)

Share Price is delayed by 15 minutes
Get Live Data
43.14743    0.00 (0.00%)
Bid:
0.00
Ask:
0.00
Spread: 0.00 (0.00%)
Market Cap: £8.88b
AIRC Live PriceLast checked at - London Stock Exchange

Intraday Air China Share Chart

Formal Notice - Profit Warning

22 Apr 2014 07:01

RNS Number : 1909F
Air China Ld
22 April 2014
Ā 



HongĀ KongĀ ExchangesĀ andĀ ClearingĀ LimitedĀ andĀ TheĀ StockĀ ExchangeĀ ofĀ HongĀ KongĀ LimitedĀ takeĀ noĀ responsibilityĀ for theĀ contentsĀ ofĀ thisĀ announcement,Ā makeĀ noĀ representationĀ asĀ toĀ itsĀ accuracyĀ orĀ completenessĀ andĀ expresslyĀ disclaim anyĀ liabilityĀ whatsoeverĀ forĀ anyĀ lossĀ howsoeverĀ arisingĀ fromĀ orĀ inĀ relianceĀ uponĀ theĀ wholeĀ orĀ anyĀ partĀ ofĀ theĀ contents ofĀ thisĀ announcement.

Ā 

Ā 

Ā 

Ā 

Ā 

Ā 

Ā Air China Limited

Ā 

Ā 

Ā 

Ā 

Ā 

(aĀ jointĀ stockĀ limitedĀ companyĀ incorporatedĀ inĀ theĀ People'sĀ RepublicofĀ ChinaĀ withĀ limitedĀ liability)

(StockĀ Code:Ā 00753)

Ā 

PROFITĀ WARNING

Ā 

ThisĀ announcementĀ isĀ madeĀ byĀ AirĀ ChinaĀ LimitedĀ (theĀ "Company")Ā pursuantĀ toĀ RuleĀ 13.09Ā of theĀ RulesĀ GoverningĀ theĀ ListingĀ ofĀ SecuritiesĀ onĀ TheĀ StockĀ ExchangeĀ ofĀ HongĀ KongĀ LimitedĀ (the "Listing Rules") and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVAĀ ofĀ theĀ Securities andĀ FuturesĀ Ordinance (ChapterĀ 571Ā ofĀ theĀ lawsĀ ofĀ HongĀ Kong).

Ā 

I. ESTIMATED Ā RESULTS Ā FOR Ā THE Ā PERIOD Ā BETWEEN Ā 1 Ā JANUARY Ā 2014 Ā TO Ā 31

MARCHĀ 2014

Ā 

1. AccordingĀ toĀ theĀ preliminaryĀ estimationĀ ofĀ theĀ financeĀ department ofĀ theĀ Company,Ā the net profitĀ attributableĀ to equity holders of the Company for the first quarter of 2014 in accordanceĀ withĀ theĀ "ChinaĀ Accounting StandardsĀ forĀ BusinessĀ Enterprises"Ā isĀ expected to decreaseĀ byĀ 55%Ā toĀ 65%Ā comparedĀ toĀ thatĀ ofĀ theĀ 

correspondingĀ periodĀ inĀ 2013.

Ā 

2. Ā TheĀ estimatedĀ resultsĀ haveĀ notĀ beenĀ audited.

Ā 

II. RESULTSĀ FORĀ THEĀ CORRESPONDINGĀ PERIODĀ INĀ 2013Ā (1Ā JANUARYĀ 2013Ā TOĀ 31

MARCHĀ 2013)

Ā 

1. Ā NetĀ profitĀ attributableĀ toĀ equityĀ holdersĀ ofĀ theĀ Company:Ā RMB249Ā million

Ā 

2. Ā EarningsĀ perĀ share:Ā RMB0.02

Ā 

III. Ā MAJORĀ REASONSĀ FORĀ ESTIMATEDĀ DECREASEĀ INĀ THEĀ RESULTS

Ā 

During the first quarter of 2014, the financial expenses of the Company substantially increased as compared with the corresponding period of 2013 due to the exchange losses (as compared with the exchange gains for the corresponding period of 2013) resulting from the substantialĀ depreciationĀ ofĀ Renminbi.

IV. Ā OTHERĀ RELATEDĀ MATTERS

Ā 

The above estimated results is only the preliminary estimation, and the specific and accurate financial figures of the Company will be officially disclosed in the 2014 firstly quarterly report of the Company. Investors are reminded to consider the risks involved in making investmentĀ decisions.

Ā 

Shareholders of the Company and potential investors are advised to exercise caution when dealingĀ inĀ theĀ securities ofĀ theĀ Company.

Ā 

ByĀ orderĀ ofĀ theĀ Board

AirĀ ChinaĀ Limited

RaoĀ Xinyu TamĀ ShuitĀ Mui

JointĀ CompanyĀ Secretaries

Ā 

Beijing,Ā theĀ PRC,Ā 21Ā AprilĀ 2014

Ā 

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Ms.Ā WangĀ Yinxiang,Ā Mr.Ā CaoĀ Jianxiong,Ā Mr.Ā SunĀ Yude,Ā Mr.Ā IanĀ SaiĀ CheungĀ Shiu,Ā Mr.Ā FanĀ Cheng, Mr.Ā Fu Yang*,Ā Mr. Yang Yuzhong*,Ā Mr.Ā PanĀ Xiaojiang* andĀ Mr.Ā SimonĀ ToĀ ChiĀ Keung*.

Ā 

* Ā IndependentĀ non-executiveĀ DirectorĀ ofĀ theĀ Company

This information is provided by RNS
The company news service from the London Stock Exchange
Ā 
END
Ā 
Ā 
FONQKBDKBBKKBQB
Date   Source Headline
16th Jun 20267:00 amRNSANNOUNCEMENT ON KEY OPERATING DATA OF MAY 2026
15th Jun 20267:00 amRNSUPDATE ANNOUNCEMENT OF CAPITAL CONTRIBUTION
10th Jun 202610:15 amRNSCOMPLETION OF ISSUANCE OF A SHARES
8th Jun 20267:00 amRNSCONNECTED TRANSACTION
29th May 20267:00 amRNSPOLL RESULTS OF AGM AND RESIGNATION OF DIRECTOR
29th May 20267:00 amRNSLIST OF DIRECTORS AND THEIR ROLE AND FUNCTION
28th May 20267:00 amRNSINDICATIVE ANNOUNCEMENT
18th May 20267:00 amRNSANNOUNCEMENT ON KEY OPERATING DATA OF APRIL 2026
13th May 20267:00 amRNSREVISED FORM OF PROXY
13th May 20267:00 amRNSSUPPLEMENTAL NOTICE OF AGM
13th May 20267:00 amRNSPROPOSED APPOINTMENT OF NON-EXECUTIVE DIRECTOR
7th May 20268:49 amRNSFORM OF PROXY FOR ANNUAL SHAREHOLDERS’ MEETING
7th May 20267:40 amRNScircular for anual shareholders‘ meeting
7th May 20267:00 amRNSNOTICE OF ANNUAL SHAREHOLDERS’ MEETING
30th Apr 20268:36 amRNSFIRST QUARTERLY REPORT OF 2026
30th Apr 20268:07 amRNSDISCLOSEABLE AND CONTINUING CONNECTED TRANSACTIONS
30th Apr 20267:33 amRNSCESSATION OF OFFICE OF SENIOR MANAGEMENT
27th Apr 20269:07 amRNSSustainability and ESG Report 2025
27th Apr 20267:33 amRNSANNUAL REPORT 2025
16th Apr 20267:00 amRNSNOTICE OF BOARD MEETING
16th Apr 20267:00 amRNSANNOUNCEMENT ON KEY OPERATING DATA OF MARCH 2026
31st Mar 20267:00 amRNSLIST OF DIRECTORS AND THEIR ROLE AND FUNCTION
27th Mar 20267:00 amRNSANNOUNCEMENT ON IMPAIRMEN PROVISION
27th Mar 20267:00 amRNS2025 ANNUAL RESULTS
26th Mar 20267:00 amRNSPOLL RESULTS OF EGM
26th Mar 20267:00 amRNSLIST OF DIRECTORS AND THEIR ROLE AND FUNCTION
17th Mar 20267:00 amRNSNOTICE OF BOARD MEETING
17th Mar 20267:00 amRNSNOTICE OF BOARD MEETING
17th Mar 20267:00 amRNSKEY OPERATING DATA
17th Mar 20267:00 amRNSKEY OPERATING DATA
10th Mar 202612:24 pmRNSCIRCULAR FOR THE EXTRAORDINARY GENERAL MEETING
10th Mar 202612:24 pmRNSCIRCULAR FOR THE EXTRAORDINARY GENERAL MEETING
10th Mar 202611:29 amRNSFORM OF PROXY FOR EGM
10th Mar 202610:03 amRNSNOTICE OF EXTRAORDINARY SHAREHOLDERS' MEETING
10th Mar 202610:03 amRNSNOTICE OF EXTRAORDINARY SHAREHOLDERS’ MEETING
10th Mar 20269:10 amRNSOVERSEAS REGULATORY ANNOUNCEMENT
10th Mar 20269:10 amRNSOVERSEAS REGULATORY ANNOUNCEMENT
6th Mar 202610:26 amRNSChange of President & Director & EGM Book Closure
6th Mar 202610:19 amRNSLIST OF DIRECTORS AND THEIR ROLE AND FUNCTION
16th Feb 20267:00 amRNSANNOUNCEMENT ON KEY OPERATING DATA OF JANUARY 2026
10th Feb 20267:26 amRNSOVERSEAS REGULATORY ANNOUNCEMENT
2nd Feb 20267:25 amRNSProfit Warning
16th Jan 20267:00 amRNSANNOUNCEMENT ON KEY OPERATING DATA
9th Jan 20267:00 amRNSOVERSEAS REGULATORY ANNOUNCEMENT
6th Jan 20267:00 amRNSSALE OF CERTAIN CATHAY PACIFIC SHARES
31st Dec 202510:06 amRNSRules of Remuneration and Appraisal Committee
31st Dec 202510:06 amRNSRules of Remuneration and Appraisal Committee
31st Dec 202510:00 amRNSRules of Audit and Risk Management Committee
31st Dec 202510:00 amRNSRules of Audit and Risk Management Committee
31st Dec 20259:49 amRNSDISCLOSEABLE TRANSACTION PURCHASE OF AIRCRAFT

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.