Air China (OTCMKTS:AIRYY) Releases Earnings Results

Air China (OTCMKTS:AIRYY) announced its quarterly earnings data on Friday. The transportation company reported ($0.61) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.70), Zacks reports. Air China had a net margin of 0.19% and a return on equity of 0.79%. The firm had revenue of $12.63 billion during the quarter, compared to analysts’ expectations of $12.63 billion.

Air China Stock Performance

Shares of AIRYY stock opened at $12.03 on Friday. The company has a current ratio of 0.41, a quick ratio of 0.36 and a debt-to-equity ratio of 3.75. The firm has a fifty day moving average price of $17.18 and a 200 day moving average price of $16.14. The company has a market cap of $10.49 billion, a P/E ratio of -40.08 and a beta of -0.14. Air China has a 12 month low of $10.40 and a 12 month high of $19.00.

About Air China

Air China Limited, trading on the OTCMKTS as AIRYY, is the flag carrier of the People’s Republic of China and one of the country’s major state-owned airlines. Established in 1988 following the restructuring of the Civil Aviation Administration of China (CAAC), Air China offers a broad range of air transportation services for passengers and cargo. Its core operations include scheduled domestic flights, international and regional routes, as well as charter services.

The airline operates a diverse fleet of Airbus and Boeing aircraft, serving more than 200 destinations across six continents.