China Eastern Airlines (OTCMKTS:CHEAF – Get Free Report) will likely be issuing its results after the market closes on Friday, August 28th. Analysts expect China Eastern Airlines to announce earnings of $0.0029 per share and revenue of $5.7075 billion for the quarter.
China Eastern Airlines Stock Performance
OTCMKTS CHEAF opened at $0.37 on Thursday. China Eastern Airlines has a 52 week low of $0.34 and a 52 week high of $0.80. The business has a 50 day moving average price of $0.41 and a 200-day moving average price of $0.55.
About China Eastern Airlines
China Eastern Airlines Corporation Limited is one of the three major state-owned airlines in the People’s Republic of China, with its headquarters and primary hubs located in Shanghai. Established in 1988 through the reorganization of the Civil Aviation Administration of China’s regional operations, the company operates under the auspices of China Eastern Air Holding Company, a state-owned enterprise supervised by the State-owned Assets Supervision and Administration Commission. Over the decades, China Eastern has grown into a leading carrier, leveraging Shanghai’s Pudong and Hongqiao airports as central nodes for its expansive route network.
The company’s core business comprises scheduled passenger air transport services, freight and mail delivery, and aircraft maintenance services.
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