China Eastern
Airlines Corporation Limited
(Registrant)
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Date July 15, 2010
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By
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/s/ Luo Zhuping | |
Name: Luo Zhuping | |||
Title: Director and Company Secretary |
This
announcement is made by the Company pursuant to Rule 13.09 of the Rules
Governing
the Listing of Securities on The Stock Exchange of Hong Kong
Limited.
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I.
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RESULTS ESTIMATE FOR THE PERIOD
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1.
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Results estimate period: 1 January 2010 to 30 June 2010
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2.
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Results
estimate: as estimated by the finance department of China Eastern Airlines
Corporation Limited (the “Company”), the net profit attributable to
the equity holders of the Company for the first half of the year 2010 will
increase by more than 50% when compared with the corresponding period of
last year.
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3.
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This results estimate has not been audited by certified accountants.
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II.
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RESULTS FOR THE CORRESPONDING PERIOD OF LAST YEAR
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1.
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Net profit attributable to the equity holders of the Company: RMB1,173,507,000
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2.
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Basic earnings per share: RMB0.2369
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III.
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MAJOR REASONS FOR THE INCREASE OF RESULTS ESTIMATE
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1.
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The air transportation market has been recovering rapidly and continuing to grow
this year. In particular, the air transportation market of the People’s
Republic of
China has continued to grow rapidly.
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2.
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The
gradual effect of the synergy brought by the absorption of Shanghai
Airlines by the Company, which the progress of the implementation is
underway.
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3.
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A
substantial growth in the passenger traffic for Shanghai’s passenger
transportation market as brought by the World Expo held in
Shanghai.
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4.
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The
Company’s efforts in continual improvement and enhancement of its
operations and management standard, which has fostered steady growth of
its operational efficiency.
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IV.
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OTHER RELEVANT DESCRIPTIONS
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Liu
Shaoyong
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(Chairman)
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Li
Jun
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(Vice
Chairman)
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Ma
Xulun
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(Director,
President)
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Luo
Chaogeng
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(Director)
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Luo
Zhuping
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(Director,
Company Secretary)
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Sandy
Ke-Yaw Liu
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(Independent
non-executive Director)
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Wu
Xiaogen
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(Independent
non-executive Director)
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Ji
Weidong
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(Independent
non-executive Director)
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Shao
Ruiqing
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(Independent
non-executive Director)
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